Monday, 14 May 2012

Minister?s radical plan to replace maternity pay with one-off cash

Proposals to create a system of shared parental leave have been bogged down in wrangling between ministers over a radical plan to grant a �5,500 “baby bonus” to parents on the birth of the child.

The plan was put forward by Oliver Letwin and would replace statutory maternity pay; the idea is that it would increase individual choice and remove a bureaucratic cost from employers. But it has not yet been implemented because of fears that it could end up costing more; given that many mothers don’t take their full 39 weeks of paid leave.

Source: http://feedproxy.google.com/~r/ft/westminster/~3/Y2RL48KqgIc/

inheritance tax pension calculator nhs pension pension forecast pensions uk

No comments:

Post a Comment