In our July 2023 Report Plan for Jobs and employment support, we considered DWP’s employment support provision following the Covid-19 pandemic, at which point UK labour statistics showed a substantial increase in the number of people who were economically inactive.
During that inquiry, we found that increased devolution of …
Disabled people face significant barriers to work that non-disabled people do not, and despite employers having a legal duty to make reasonable adjustments in the workplace to accommodate them, there is evidence to suggest that many are not making these changes. Whilst the disability employment rate has risen in recent …
Statutory Sick Pay (SSP) is the basic minimum statutory payment an employee is entitled to for periods where they are unable to work because of illness. A person is eligible for SSP from the fourth day they are off sick. To be eligible for SSP a person must be classed …
The Work and Pensions Committee is to look at the lessons that can be learned from the experience of the collapse of the Norton pension schemes with the aim of ensuring members of collapsed pension schemes are better protected and supported in the future.
The assets in the Norton pension …
The Work and Pensions Committee is to examine how DWP supports vulnerable benefit claimants and whether its approach to safeguarding needs to change.
There are many people who claim benefits from DWP who are considered vulnerable and in need of special care, support or protection to ensure that they are …
The Work and Pensions Select Committee is conducting an inquiry looking into the Government’s cost of living support packages for 2022–23 and 2023–24. Individuals, researchers and organisations with a view of the terms of reference are welcome to submit evidence to the Committee.
When introducing the newest cost of living …
Defined benefit (DB) pension schemes promise to pay pension benefits based on salary and length of service. There are over 5,100 UK private sector DB schemes, with around £1.4 trillion in assets.
DB schemes are in decline in the private sector. The number of private sector employees still accruing new …
Increases in yields on long-dated gilts in late September and early October meant defined benefit (DB) schemes using liability driven investment (LDI) strategies needed to deal with the rapid increase in collateral required to support the LDI trades. This led to the Bank of England’s announcement on 28 September under …
Plan for Jobs and Employment Support
The Committee is looking at the effectiveness of Government support to get people into employment, including disadvantaged groups such as those in low-paid jobs and young people.
The Committee will be looking to find out: