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ADDING RETIREMENT CONTRIBUTIONS The end of a year is also a good time to decide if you can afford to increase contributions to tax-advantaged investment accounts.
The government has already abandoned a proposal to increase contributions by civil servants.
The chancellor is expected to increase contributions by 3% annually to raise £1.8bn.
The government wants to increase contributions, raise the retirement age and eliminate the special regimes.
You write that nonprofits can increase contributions "by changing a handful of words in a solicitation".
The Pensions Regulator tightened the screw, forcing them to increase contributions, often to above 50% of each worker's salary.
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"Secondly, we need to increase contribution rates to 12% [from 9.5% at present] as soon as possible".
Another feature is the inclusion of incentives and rewards in order to increase contribution from the communities.
That way, she said, employers can prepare for the increased contributions in 2002.
"The strongest resistance to increasing contributions is coming from some of the Teamsters' most powerful employers".
The enforced increased contributions, combined with the current pay freeze, equals a 15% real-terms cut since 2010.
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