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CBI pensions paper does not provide all the answers – CIPD

The Chartered Institute of Personnel and Development says the CBI&#39s pensions paper leaves questions unanswered.
The CIPD wants to see a wider debate on pensions from the industry in order to achieve a workable consensus on the changes that need to be made to to tackle pensioner poverty and how this should be funded.
The CIPD advocates a &#39flexible state pension&#39 that will be paid to everyone irrespective of contribution records on a residency basis and at a flat rate. It is calling for a state pension indexed to earnings and flexible enough to ensure it can be received at a reduced rate for 10 years before the state pension age.

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