Lord Hutton calls for changes to public sector pensions
An independent commission led by Lord Hutton (the former Labour Work and Pensions Secretary) has called for a change to final salary pensions for the public sector. The 174-page report comes after Chancellor George Osborne asked Lord Hutton to carry out an investigation into where savings can be achieved. Mr Osborne has previously said the [...]
Re: Lord Hutton calls for changes to public sector pensions
Well, at the moment the majority (but not all) of public sector workers have it much better in terms of pensions than the average private sector worker. So this is both fair and necessary.