Government has underestimated the expense...

• Guest 710

  • Registered: 28 Feb 2011
  • Posts: 6,950
  4 February 2013     12:49213566
  #1       report
  Public sector pensions could 'cost up to £1,600 a year per household', says think-tank
  
  "...Tim Knox, a director of the think-tank, said: "It's effectively a pensions black-hole mostly because of the strange interaction between the new single tier pension and public sector pension reforms. ..."
  
  http://www.telegraph.co.uk/news/politics/9846000/Public-sector-pensions-could-cost-up-to-1600-a-year-per-household-says-think-tank.html
  Ignorance is bliss, bliss is happiness, I am happy...to draw your attention to the possible connectivity in the foregoing.
• Guest 655

  • Registered: 13 Mar 2008
  • Posts: 10,247
  4 February 2013     12:53213567
  #2       report
  Not new news.
  
  The recent changes to public sector pensions fail to properly address the problems and will need to be revisited. Public sector staff remain highly privileged.