Sentences with phrase «public sector pension schemes by»

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.

Increase employee contributions to all unfunded public sector pension schemes by a third.

We argued that there should be an increase of employee contributions to all unfunded public sector pension schemes by a third.

Not exact matches

Only by agreeing to such a one - third reduction in the benefits of our generous pension scheme, can MPs look the rest of the public sector in the eye when asking for similar sacrifice and restraint.

The campaigners were being told that it was not legally possible to make a rule change retrospectively (for those widows already in receipt of pensions) and that even were it possible this would be resisted by government due to the legal precedent it would set, and the knock - on effect it might have on other public sector schemes.

Broadly speaking, a master trust for the purposes of the new regime is an occupational pension scheme that is used, or intended to be used, by two or more unconnected employers (subject to exceptions for public sector schemes).

L.R. 303: whether a guarantee provided by public authority to a public sector pension scheme had the effect that the scheme was ineligible for support from the PPF.