Coronavirus (COVID-19) news tracker—pensions
Coronavirus (COVID-19) news tracker—pensions

The following Pensions practice note provides comprehensive and up to date legal information covering:

  • Coronavirus (COVID-19) news tracker—pensions

This table contains an archive of news stories and developments on coronavirus (COVID-19) that relate to pensions.

DateNews story / analysisBrief description
17 December 2020Coronavirus Job Retention Scheme (CJRS) extended until 30 April 2021The CJRS has been extended until the end of April 2021, with the government continuing to pay 80% of the salary of employees for hours not worked. Employers will only be required to pay wages, National Insurance Contributions (NICs) and pensions for hours worked; and NICs and pensions for hours not worked.

The Chancellor of the Exchequer, Rishi Sunak, had previously stated he would review the employer contribution element of the CJRS in January 2021, but he decided to bring this forward to allow businesses to plan ahead for the remainder of the winter and the New Year.
17 December 2020Budget 2021 set for 3 March 2021The Chancellor has announced that the government will publish its Budget 2021 on Wednesday 3 March 2021. Among other things, the Budget is expected to set out the government’s next steps to tackle the coronavirus pandemic.
17 December 2020PLSA survey on impact of coronavirus on schemesAccording to a survey from the Pensions and Lifetime Savings Association (PLSA), the vast majority of pension schemes say that the coronavirus pandemic is not having a detrimental effect on them running their schemes and helping

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