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This means members do not receive the additional state pension and pay a lower rate of National Insurance (NI).
This is of particular interest for foreigners as receiving a rebate in their personal pension will be by far more realistic than receiving a state pension from the UK Government on retirement when they arent even living in the.
It is important that you are able to inform employees about this change and why it is happening.
We will keep you updated with any further information on the outcomes of these discussions as we receive.