Sentences with phrase «pensions of public sector workers»

But the argument should not be to drag down the pensions of public sector workers: it should be to drag up the pensions of private sector workers.

Earlier this year, Indiana passed right - to - work legislation and two cities in California voted to curb the pensions of public sector workers.

Not exact matches

Eroding pension plans by shifting risk onto vulnerable employees and retirees with limited ability to absorb income cuts is quite in keeping with the Harper government's determination to lower the boom on public sector workers and improve the profitability of their corporate friends in the private sector.

«The shadow chancellor has wrapped up public sector cuts, public sector pay freezes, a rise in retirement age and reduced pension rights in warm words that will ring hollow with Britain's army of public sector workers.»

Six unions have mounted a legal challenge on behalf of millions of public sector workers over what inflation index is used to increase their pensions.

Lord Hutton has recommended the scrapping of final salary pensions, in a widely - expected move likely to trigger anger among public sector workers.

To support private sector efforts in expanding access to housing, the Ministry of Finance will partner with banks, pension trustees and securities market players to start a process of developing and deepening the local mortgage and housing finance market to offer affordable mortgages at subsidized interest rate beginning with public sector workers.

Mr Cameron accused the chancellor of a «craven surrender» in allowing these workers to retire at 60 - Lord Turner is expected to call for a general rise in retirement age to 67 - and argued that any pensions scheme must be equitable for private and public sector workers.

In the past few months, the leaders of all the public sector unions threatened a mass strike of three million workers over pensions, while this week the Public and Commercial Services (PCS) union balloted members on industrial action over civil service jobpublic sector unions threatened a mass strike of three million workers over pensions, while this week the Public and Commercial Services (PCS) union balloted members on industrial action over civil service jobPublic and Commercial Services (PCS) union balloted members on industrial action over civil service job cuts.

Over a million public sector workers are set to take industrial action against the government in a series of rows over pay, pensions, jobs, conditions and spending cuts, according to union figures.

The recent publication of the Hutton Report on public sector pensions is the beginning of significant future reforms to the pensions of millions of public sector workers, many of whom may have to work longer and contribute more.

Following the submission today of the NASUWT response to the Department for Education consultation on «Proposed Increases to Contributions for Members of the Teachers» Pension Scheme», Chris Keates, General Secretary of the NASUWT, the largest teachers» union in the UK, said: «The Coalition Government should tell the public the truth about why it is seeking to raid the pensions of millions of ordinary public service workers and why it is taxing public sector workers who are acting responsibly by trying to save for their retirement.

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).

A report by Policy Exchange published last week claimed that public sector workers are better off than their private sector counterparts in terms of hours worked, retirement age and pension quality.

Conference asserts that public sector pensions are a significant element of the remuneration package for five million public service workers and are, therefore, a substantial part of pension provision in the UK.

«This change represents nothing more than naked raiding of public service workers» pensions to make them pay the price for the greed and recklessness of the financial sector.

Noel DiGerolamo, second vice president of Suffolk's Police Benevolent Association, which has about 5,000 members, said public - sector workers are being blamed for ballooning pension costs when Wall Street investment houses are the true culprits.

The government is aiming to reduce its pension bill by # 1.2 billion next year and thus public sector workers face increases of up to 2.4 % in their contributions.

«They've already raided the pensions of Sellafield workers once, and now they're coming back for a second bite of the cherry, on the entirely spurious grounds that they fall under the government's public sector pension reform.

The number of retired public sector workers in New York collecting six - figure pensions is closing in on 4,000, with an 18 percent increase over the year before, according to a recent survey by The Empire Center.

The union says the government's slash and burn approach to tackling the budget deficit will mean vital public services are axed, hundreds of thousands of public sector workers will be thrown out of work, and those that remain will have their pay and pensions cut.

Stark predictions of how public sector workers could lose tens of thousands of pounds under the government's pensions plans are shown in an online pensions calculator created by the Public and Commercial Services public sector workers could lose tens of thousands of pounds under the government's pensions plans are shown in an online pensions calculator created by the Public and Commercial Services Public and Commercial Services Union.

A meeting of the union's national executive committee unanimously agreed that further co-ordinated industrial action should be organised if the government continues to refuse to negotiate on the key issues of forcing public sector workers to pay more and work longer for a worse pension.

«It is low - paid private sector workers working beyond retirement age... who are subsidising public sector pensions while receiving none of the benefits.

Unions have warned that strikes by public sector workers in the row over pensions will continue following a day of walkouts and protests.

«Public sector workers across the country will be deeply concerned to have a review of their pensions sprung upon them on a Sunday morning — without proper consultation.

Public sector workers are taking part in a series of strikes across the country over disputes involving pay, pensions and cuts.

Tory MPs, whose constituencies are predominantly made up of private sector workers, echoed Alexander's remarks that public sector workers would still receive a better pension than most in private sector.

Government has commenced the payment of the tier two pension contributions of public sector workers into their registered schemes.

YouGov also asked a series of questions about public sector pensions — 74 % of people thought that public sector pensioners got a better deal than those who worked in the private sector and 60 % of those thought they did not deserve this (predictably there was a huge difference between public and private sector workers on this question — 55 % of public sector workers thought that, yes, they did deserve better pensions than the private sector).

On government plans for a flat - rate state pension, simplicity was good in principle, but NEC members pointed out that government plans would cost public sector workers and employers more in national insurance, with the end of the lower opted - out rate.

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.

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.»

«These are the same people who protected their own pension scheme but cut the pensions of the lowest - paid public sector workers,» he added.

Hundreds of thousands of public sector workers are walking out once again over their public sector pensions, but the government says further resistance is futile.

The fund pays for pensions of both state workers and local public sector employees.

On the face of it public sector pensions is an issue that should unite workers; but the detailed differences in outcome may undermine that unity.

Ministers say the change will bring those claiming benefits in line with public sector workers but the Shadow Work and Pensions Secretary Liam Byrne said the cut will affect more working families than those who are out of work.

He described the new pension deal for state employees as «a proper reward for a lifetime's commitment to serving the public» — yet to get the same reward, a private sector worker would have to pay a third of their salary into their pension pot.

Public sector pensions are just one of the ways in which public sector workers get more rewards for working fewer Public sector pensions are just one of the ways in which public sector workers get more rewards for working fewer public sector workers get more rewards for working fewer hours.

The Conservatives would tear up gold - plated pension deals for highly paid public sector workers as part of a wider spending squeeze.

The number of retired public sector workers in New York collecting six - figure pensions is closing in on 4,000, with an 18 percent increase over the year before, according to a recent survey by a fiscal watchdog group.

Mr Barber's latest attack on the government comes as his organisation prepares for the «TUC Day of Action» on November 30th when up to three million workers will take part in stoppages, meetings and rallies in protest over the government's decision to cut public sector pensions.

More than a million public sector workers are expected to strike in a series of disputes with the government over pay, pensions and job cuts.

«As a result, millions of public sector workers, many of them women, such as classroom assistants, health visitors, and nursery nurses are in the firing line and face complete uncertainty about their future pension.

Public sector unions can breathe a sigh of relief after last month's state Supreme Court ruling: an Illinois pension reform law that would have cut benefits for existing workers was declared unconstitutional.

Virtually all professional economists agree that calculating the value of guaranteed pension benefits using the assumed return on a portfolio of risky assets «understate [s] their pension liabilities and the costs of providing pensions to public - sector workers.»

«While the government must protect the employment and pensions of Carillion's public sector workers it must also take a long hard look at its encouragement of private sector involvement in schools and the unnecessary risks being taken with children's education and wellbeing.»

Thousands of teachers and other public sector workers have been retiring in recent years, fueled in part by changes to their pensions.

In contrast, teachers and other public sector workers are still overwhelmingly offered defined benefit pension plans and more than four out of five teachers are enrolled in a DB plan today.