The Pensions Act 1995 (c 26) is a piece of United Kingdom legislation to improve the running of pension schemes.
Read more about Pensions Act 1995: Background, Overview
Famous quotes containing the words pensions and/or act:
“Many old people receive pensions for no other reason, it seems to me, but as a compensation for having lived a long time ago.”
—Henry David Thoreau (1817–1862)
“We must not suppose that, because a man is a rational animal, he will, therefore, always act rationally; or, because he has such or such a predominant passion, that he will act invariably and consequentially in pursuit of it. No, we are complicated machines; and though we have one main spring that gives motion to the whole, we have an infinity of little wheels, which, in their turns, retard, precipitate, and sometime stop that motion.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)