Pension

Exterior facade of 100 Parliament Street in Westminster, home to HM Revenue and Customs executive offices.

September 18, 2026

Policy·UK

HMRC State Pension tax error: 3.2 million customers due £19.3 million in repayments

If you receive the State Pension and pay income tax, HMRC may have used an incorrect taxable State Pension figure in a PAYE, Self Assessment or Simple Assessment calculation. The question most

Older couple walking outdoors used for UK State Pension rise coverage.

Business·Policy·UK

State Pension 3.9% rise could push full new rate above tax allowance

UK State Pension recipients are seeing widespread reports that next April's increase will be 3.9%. That figure is currently indicated — but it is not yet confirmed, and there is one more number the government needs before the final rise

September 15, 2026

Winter Fuel Payment is Back: Pensioners Getting £100 to £300, But There’s a September 20 Deadline You Need to Know

Policy·UK

Millions of older pensioners in the UK are getting letters about winter fuel payments, and this year comes with some important changes and deadlines

September 20 Deadline: Pensioners Missing Winter Fuel Payment Opt-Out Could Face Tax Recovery

Health·Policy·UK

If you're a British pensioner living in England, Wales or Northern Ireland, you have days left to make a decision that could affect your

The Palace of Westminster viewed from across the River Thames in London, seat of the UK Parliament.

Business·Policy·UK

Business Group Urges Triple Lock Overhaul to Fund Youth Hiring Cuts in UK Budget Debate

The BCC urges scrapping the triple lock for CPI-only rises to help fund youth hiring tax cuts, reviving a hard UK choice between pension security and growth spending. Read more. Read more.

Sunita Somvanshi

September 10, 2026

Exterior view of a High Court judicial headquarters building in India.

India·News·Policy

Jharkhand High Court Orders Pension Fix for June 30 Retirees Using the Notional Increment Rule

The Jharkhand High Court issued a ruling on August 31, 2026, that could mean higher pension payments for government employees who retired on June 30 — but what they’re receiving is not

Sunita Somvanshi

September 6, 2026

News·Policy·UK

UK State Pension Triple Lock Explained: What the 4.8% Rise Means and Why Economists Are Pushing Back

Every April, the UK State Pension rises. The amount it rises by is decided by a formula called the Triple Lock. It sounds simple — and the basic principle is — but

Sunita Somvanshi

September 5, 2026

Indian Rupee symbol representing the 8th Pay Commission salary revision

Business·Policy

8th Pay Commission approved: Unions demand Rs 72,000 minimum salary

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Terms of Reference for the 8th Central Pay Commission. The commission is a temporary body with one chairperson, one part-time

Sunita Somvanshi

August 28, 2026

An older couple walks together on a city pavement, representing pensioners weighing the Winter Fuel Payment opt-out deadline.

Policy·World

Hungary Minimum Pension Increase 2027: HUF 120,000 Statutory Adjustment

Hungary raises statutory minimum old-age pension to 120,000 HUF (from 28,500) effective January 1, 2027. 4.21× increase after 18-year freeze under PM Péter Magyar's policy.

Govind Tekale

August 27, 2026

Empty hospital operating theatre with surgical table, overhead multi-head surgical lamp and anaesthesia equipment.

Business·Policy

Octopus Pensioners Unknowingly Funded Struggling Hospitals Owned by Same Group

They were promised a legitimate inheritance tax planning tool. Instead, thousands of pensioners were unknowingly bankrolling the fund manager’s own failing businesses — and when the loans went bad, the pensioners picked

Sunita Somvanshi

August 19, 2026

Entrance of the EPFO Head Office building.

Business·Health

EPFO Pension Scheme Benefits 260M Workers—How to Maximize Your Retirement Income

EPFO manages pension for 260M workers through mandatory 12% contributions from employees and employers. Pension calculated via accumulated corpus divided by 70; interest rates reached 8.15% for 2024-25, supporting retirement adequacy.

Sunita Somvanshi

August 5, 2026

Elderly man wearing a face mask reading a newspaper at a table in his home, with vintage photographs and decorative plates displayed on the wall behind him.

Health·News·UK

100,000 Pensioners to Lose Winter Fuel Payment as Triple Lock Pushes Incomes Over £35,000 Threshold

More than 100,000 pensioners are set to lose their Winter Fuel Payment next year as their incomes cross the £35,000 threshold due to pension increases. The government restored Winter Fuel Payments in

Karmactive Staff

September 24, 2025

As millions of older pensioners face a reduced state pension increase, concerns grow over retirement financial security in an increasingly complex pension system. Photo Source: PickPik

News·UK

6.9 Million Older Retirees Miss Full Triple Lock Pension Increase as SERPS Only Rises with Inflation

Nearly seven million older retirees will miss out on the full state pension increase next April, despite the government’s commitment to the triple lock policy. The triple lock ensures that state pensions

Karmactive Staff

September 4, 2025