He cited the
reform of public sector pensions and student finance as examples of areas which previous Conservative governments had not been able to tackle over many decades.
However, they can also be relevant if you have one
of those public sector pensions where responsibility for the shortfall is split between the employer and employees who are still working.
It called on Conservative leader David Cameron and Nick Clegg, leader of Liberal Democrats, to ditch plans for a
review of public sector pension costs in favour of cuts to the # 10bn subsidy for workers who are paid more than # 150,000 a year.
Commenting on the judicial review on the
indexation of public sector pensions, Christine Blower, General Secretary of the National Union of Teachers, the largest teachers» union, said: «The NUT, along with other unions, is challenging the Government in a judicial review at the High Court.
Yesterday's concessions by the Coalition, in
respect of the public sector pensions negotiations, verge on an unconditional surrender to the unions, perhaps on a scale unprecedented in the history of public sector labour negotiations.
«Most tellingly he says the government is trying to take so much
out of public sector pensions and impose so many extra costs on workers that there is a very real danger that staff will simply opt out of their pensions.
The House of Commons Public Accounts Committee has also been highly critical of the Government's pension strategy which they say is based more on public
perception of public sector pensions than on actual figures.
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.
Today signals further disappointment for the Labour leader with a poll on LabourList blaming Miliband's
handling of public sector pensions strikes on 30th November for a steep decline in popularity.
The decision to switch the
indexing of public sector pensions from retail price index to consumer price index, implemented in April, has already prompted major disquiet, however.
«Tories in Buckingham will be free to vote for Nigel Farage but CCHQ worries about publicity coup for UKIP Main A Conservative Government would prioritise tackling the
excesses of public sector pensions»
What would really help is an optional national pension plan that offers many of the
benefits of the public sector pensions, but is open to self - employed Canadians and others who can't get a pension through work.
But while the
risk of public sector pension collapse in Canada is very low, these plans face the same cost pressures as those in the private sector.
She is Head of AG's public sector pensions team which advises on all
types of public sector pension schemes including the Principal Civil Service Pension Scheme, NHS Pension Scheme, Local Government Pension Scheme, Railways Pension Scheme and Electricity Supply Pension Scheme, as well as the «protected person» regime.
Despite the promise of the Coalition Government to protect accrued pension rights, regardless of the outcome of the current
Review of public sector pensions, millions of public sector workers are now facing a retirement beset by worry and financial uncertainty following the Coalition Government's decision to switch pension calculations from the Retail Price Index (RPI) to the Consumer Price Index (CPI).
Commenting on the judicial review on the
indexation of public sector pensions, Christine Blower, General Secretary of the National Union of Teachers, the largest teachers» union, said:
Asked about the government's proposals for the
future of public sector pensions, the most popular option was the government's original plan to gradually increase the retirement age of public sector workers under 50 to 65, supported by 39 % of respondents.
There has been a significant amount of publicity in the Press and some political interest in the overall
cost of public sector pensions, including police pensions.
Going back to the issue of the strikes, YouGov asked how well people thought David Cameron and the government had handled the
issue of public sector pensions and negotiations — only 23 % though he had handled them well, with 59 % thinking it had been done badly.
In an accompanying press release, the CFIB links any CPP / QPP improvements to «reform»
of public sector pensions — meaning a good old - fashioned slashing of pension benefits for municipal, provincial and federal public workers.
Brendan Barber, TUC general secretary, comments on Lord Hutton's review
of public sector pensions:
And George Osborne says public sector pensions are «unsustainable» but the National Audit Office disagrees and Lord Hutton's report showed the cost
of public sector pensions is falling.
«Although our politics does not lend itself to consensus, is this not a subject on which we wish to reach a broad consensus both for the well - being
of public sector pensions and for the country and economy as a whole».
A government commission, led by John Hutton the former Labour defence secretary, will examine the cost
of public sector pensions and consider savings with the review to be published in September.
Shubha Banerjee, solicitor at Leigh Day, who represents 230 judges, said: «Following the report of Lord Hutton in 2011 into ways of reducing the costs
of public sector pensions, the government sought to make changes across the public sector including to the pensions of police, firefighters, teachers, prison officers and others.