Pensions for around 26,000 Gurkhas will be boosted by an average of 19pc, the ministry of defence says.
The increase, backdated to January 2006, will cost around £6m per year. Defence minister Derek Twigg said: “The bravery and heroism of the Brigade of Gurkhas is world renowned, a reputation the...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date