How to get a new pension after your bank has spiked your pension
A pensioner who was previously on a fixed income pension plan may need to reapply to the scheme.
The government announced plans last week to freeze pension contributions for all new pensioners.
The spokesperson said the scheme would be “reintroduced with new plans to be made available for all pensioners by September next year”. “
The freeze will remain in place until a plan is put in place to provide the same level of benefits for all of our new beneficiaries.”
The spokesperson said the scheme would be “reintroduced with new plans to be made available for all pensioners by September next year”.
The freeze applies to all new beneficiaries and does not apply to existing beneficiaries who are still eligible for a pension.
The spokesperson added: “As this is an ongoing process, there will be no changes to the way you can use your pension, or the amount of your pension that you can receive.”
This is the second time the government has imposed the freeze on pensioners and has promised a second round of changes to be introduced by the end of 2018.
Earlier this year the government froze pension contributions from July next year.
The freeze does not include any of the pensions offered by the National Pensioners Scheme, the Department of Work and Pensions (DWP) has said.
The DWP is also offering a further 1,000 extra jobseeker payments to pensioners, but there is no timeframe for the changes to take effect.