National minimum wage bill
The National Minimum Wage Bill was discussed in the United Kingdom's House of Commons on Dec 16, 1997. According to Margaret Beckett, the president of the Board of Trade, the bill would give minimum wage protection to all workers for the first time in United Kingdom history and begin to end poverty pay. The bill gives the Low Pay Commission a statutory footing. The minimum wage has already been in operation for some months on a non-statutory basis and initial recommendations are expected in May 1998. The best estimate for implementation is spring 1999.
Publication Name: Industrial Relations Law Bulletin
Securing the pension promise
The Pension Benefit Guaranty Corp (PBGC) has a multibillion dollar deficit and is becoming more vulnerable to large claims from underfunded pensions. The best solution to this crisis is constructing more effective incentives to fund pensions, and the Bush Administration is seeking legislative reform in the areas of accounting, bankruptcy, pension funding and guarantees with this aim in mind. The proposed change to the minimum funding rules would accelerate the funding process.
Publication Name: Labor Law Journal
- Abstracts: Perspectives on National Pension Policy. Trends in working time in the U.S.: a policy perspective. Competition policy
- Abstracts: International Aspects of the 1983 Social Security Amendments. Security: SecurePrint
- Abstracts: New reserve forces legislation. The constitutionality of punitive damage awards and recent proposed legislation
- Abstracts: Injuries caused by computer systems: who is liable? Moore Corporation Ltd.'s two-step, cross-border acquisition of Wallace Computer Services, Inc