07 October 2010
John Hutton today launched his interim report setting out his
progress so far in his fundamental structural review of public
service pensions. He has set out the case for change in public
service pensions: longer lives, the unfairness of a system that
rewards high-flyers disproportionately, the imbalance of risk
between taxpayers and employees and contribution rates that do not
reflect the value of benefits received.
To view the report and press notice, click here.