Sentences with phrase «average public sector pension»

The truth is that the average public sector pension for women working in local government (and most such workers are women) is just # 54 a week.

Not exact matches

Former prime minister Gordon Brown said in April 2014 that Scotland had an above - average share of the public - sector pension bill and concluded that pensions would be protected by sharing risks and resources within the UK.

Looking at the government negotiating team, Unite found an average public sector worker would need to work for three working lifetimes to earn Francis Maude's pension and two for Danny Alexander's pension.

Government reforms have reduced the average value of public sector pension schemes by around three per cent, from 24 per cent to 21 per cent of salary, the Pensions Policy Institute (PP) has said.

It has overseen an explosion in the wage bill of the state, to the point where the average public - sector worker now earns # 74 more per week than a private - sector employee, as well as having much better pension and other entitlements.»

George Osborne announced last year an increase, on average, of 3 % in pension contributions across the public sector from next April to raise # 2.8 billion by 2014 - 15.

The law would require most public sector workers to contribute more to their health care and pensions, changes that amount to an average 8 percent pay cut.

Graduates starting work now on average earnings will never have the opportunity of a final salary pension scheme (unless they work in the public sector), will have to save for many years for their first property deposit whilst at the same time paying an additional tax of 9 % of everything they earn in excess of # 21,000 in a 30 - year project to repay their student financing.

Public employees earn less on average than their counterparts in the private sector, so job benefits like pensions are a proven way to recruit top talent.

While neither sister has a firm retirement date in mind, they can expect their investment portfolios and generous public - sector pensions will provide a retirement standard of living well above the average.

As part of government changes to all public sector pension schemes, the new 2015 Firefighters» Pension Scheme was introduced, replacing the final salary arrangement with a career average revalued earnings pension schemes, the new 2015 Firefighters» Pension Scheme was introduced, replacing the final salary arrangement with a career average revalued earnings Pension Scheme was introduced, replacing the final salary arrangement with a career average revalued earnings scheme.