The act of reconsidering the referral of a measure to a committee or committees. Reading: A vote by the Assembly or Senate on a bill or resolution. Approval of a bill requires three readings by the Assembly and three readings by the Senate.
1 Pension reform is required because people are living longer. 2  Today, a 60-year-old doctor retiring can expect to enjoy 29 years of retirement. 3  This means drawing a pension for almost the same time as they worked for the NHS - 36 years. Compare this with a newly qualified doctor joining the reformed scheme after 2015. 2  He can expect a pension of over Â£53,000 at age 65 (the normal pension age for new joiners) or a pension of around Â£68,000 a year at his state pension age of 68.
Pension reforms in 2006 extended the option for drawdown beyond age 75, but with greater restrictions. At that time income drawdown was given the alternative name of an unsecured pension (USP) prior to age 75 and an alternatively secured pension (ASP) after age 75.he maximum limit is reviewed every 3 years until age 75 and yearly thereafter. Exceeding the limit will be classed as an unauthorised payment. The pensioner will be liable to tax currently between 40% & 55% on the unauthorised payment.