Sentences with phrase «public sector pensions»

The government have also put in place a ban on members of public sector pension schemes from taking a transfer from their pension scheme.

Even the savings made on public sector pensions provide only a false economy.

It is not involved with public sector pension schemes.

Thousands of union members will take part in a series of protests today against controversial plans to reform public sector pension reforms.

The problem isn't with public sector pensions, it's rather with the spectacular failure of private ones.

Teacher pensions are one important part of the more than $ 1 trillion shortfall states face today for public sector pensions and benefits such as health care.

The three largest public sector pension plans have already increased their equity allocation by more than 5 percent since last spring.

They do not accept this race to the bottom, cutting public sector pensions in the same way as private sector pensions have already been cut.

It is expected that the speech will include a parliamentary bill forcing through public sector pension changes.

But she then attempts to persuade readers not to worry about public sector pensions and instead focus on the retirement savings problems in the private sector.

The comptroller keeps a close eye on the securities industry because public sector pension funds run by his office invest in securities.

«We can't continue to fund new public sector pensions at the current levels of subsidy,» he said.

This would reduce the growth of public sector pension liabilities by hundreds of millions of pounds over the next decade.

On a side note, the proposals would also apply to lawmakers because they are in the state public sector pension system.

You are supposed to suspend the collection of public sector pension once you take another public office.

We believe that this publicity generally gives an entirely wrong impression of both the value and costs of public sector pension provision.

This is not only right, but would be very popular, and would enable the future Government to consider other public sector pensions with «clean hands».

By 2012, state contributions to many public sector pensions will be cut, saving # 1 billion a year.

And we're reforming public sector pensions so they are generous to public servants and also fair to taxpayers.

The burden of supporting public sector pensions is beginning to place unreasonable burdens on companies that have public service delivery contracts, and is putting off others from entering the market at all.

The reforms would mean public sector pensions would «remain considerably better than available in the private sector».

Public sector pensions usually pay 2 % of your peak earnings multiplied by your number of years of service.

Most public sector pension schemes impose a nomination form requirement for unmarried couples.

The decision to cut public sector pensions is being made entirely for political, not economic reasons.

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.

Public sector pension liabilities are now estimated to be upwards of # 1 trillion - around # 40,000 for every household in the country.

The PCS union said ministers had fixed the terms of negotiation over public sector pensions in a way which would seriously undermine the possibility of an agreement being reached.

Membership in public sector pension plans increased by 16,500 to 3,229,000, while the number of members in private sector plans fell by 11,600 to 3,032,000.

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.

A Department for Education spokesman said the government had accepted the recommendations of Lord Hutton's report into public sector pensions as a basis for consultation.

The TUC warned that attacks on public sector pensions by opposition leaders and employers» groups in recent months threatened to undermine what was left of «decent» retirement provision in Britain in favour of a «race to the bottom».

I don't think the argument has yet been got across on public sector pensions as to some of the injustices contained in what the government is doing.

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

The Government's reform of the gold plated public sector pensions are not tough enough.

«Changing the basis on which public sector pensions are increased will cost pensioners thousands of pounds over the course of their retirement.

The Brewster case has bolstered public sector pension rights of unmarried couples, but it is better to be prepared, says Caroline East

Many states protect public sector pension benefits with strong, near ironclad legal rules that make it tough - to - impossible to reduce benefits for existing workers.

And he's convinced that Miliband will find it hard to unveil a credible set of alternatives to big - ticket items like public sector pension changes, NHS reform, new schools and other shake - ups.

PCS says the government's announcement this morning about public sector pension contributions makes a mockery of the ongoing negotiations and proves that the government is determined to make people pay more and work longer in return for smaller pensions.

To his credit, Prime Minister David Cameron and his ministers have been robust in defending the reforms, saying that the changes are designed to make public sector pensions affordable for the long term and failure to reform will bankrupt the whole system, a point even many on the Labour benches recognise.

«Lord Hutton's final report is a big step forward towards making public sector pensions affordable and sustainable in the long - term.

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.

«The NUT is party to the TUC negotiations with Government to protect public sector pensions.

Capping public sector pensions at # 50,000 a year In practice, this means the Tories would «prevent any taxpayer - funded increase» in pensions already worth more than # 50,000 a year and stop all taxpayer - funded pensions in future paying more than that.

Public sector pensions just don't work in the way Andrew understands them.

But their actions risk derailing the vital reform of public sector pensions because many people may now opt out of the system.

Independent expert John Ralfe has calculated that the annual bill of # 15bn is half the true cost of providing public sector pensions.