Sentences with phrase «public sector pensions as»

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.
Cable identified public sector pensions as one area that required review.
But rather than supporting the idea that all Canadians should have comfortable retirements — say, by reforming CPP, and protecting private sector employees against company bankruptcy — the authors see public sector pensions as just more «premium.»

Not exact matches

In short, because they pool longevity risk, can offer a well - diversified portfolio with longer - term investments, and are professionally managed, public pension funds deliver the same level of benefits as DC plans at only 46 percent of the cost.15 Any funds invested with the state pension fund would be kept in a separate investment pool from public sector funds.
Bonnie Lysyk's latest report again takes issue with major public sector pension plans being counted as government assets.
The peak industry group, which represents more than 60,000 businesses across manufacturing, engineering, telecommunications, mining, airlines and related sectors, will caution the Turnbull government against large cuts but call for careful spending reductions across aged care, health, the pension system and the public service to fund a company tax cut as a key priority.
Up to two million public sector workers are striking over their pensions today, as union leaders» impasse with the government continues.
The gulf between union bosses and ministers has widened further as Danny Alexander announced the public sector pension retirement age will rise to 66.
Cabinet Office minister Francis Maude struggled when under forensic examination on the Today programme this morning, when he was seemingly unable to answer why public sector pension reform was needed when its cost as a share of GDP was set to fall.
First, the transfer of the Royal Mail pension fund to the public sector as part of its privatisation.
As part of the ongoing talks over wider cuts to public sector pensions, ministers have since ruled out any negotiations on the issue.
David Cameron repeatedly tried to use Ed Miliband's relationship with the trade unions to his advantage today, as the public sector pensions strike looms.
Even if the recovery had been progressing as well as ministers might have hoped, we would still have seen the clashes over public sector pensions, tuition fees and cuts to public services - police, schools, the NHS - currently driving the government's popularity downwards.
But it isn't the Con / Dems will come back again this time for your pensions as well (with class traitor, hater of the public sector, John Hutton at the helm).
Conference commits the National Executive to working with the TUC to challenge, using all appropriate means, including industrial action, any attempt by the Government, in response to and as a remedy for economic difficulties or recession, to worsen pension provisions for teachers or other public sector workers.
Those arguments are unlikely to stop former Labour Cabinet minister John Hutton, who was appointed on Sunday as the chair of an independent commission on public sector pensions.
The ABI wants to work with wider industry including trust based and public sector pension schemes, to ensure that as many people as possible can benefit from the dashboard, with support from the whole market.
No - one really wanted to set out where the cuts will hit, and we had diversionary tactics such as talking about public sector pensions for the few very well paid public sector staff that won't make any real contribution to reducing the deficit.
In just two years we have taken on some challenges — such as reforming student finance and public sector pensions — which previous Conservative governments failed to tackle in decades.
That realisation lent an apocalyptic tinge to events this week, as union members met in London to plan a «mass movement» against cuts — a movement which would kick off with a nationwide strike over public sector pensions.
But early on as governor he was at odds with public - sector labor groups, including public employee unions he battled over contract renewals as well as a new, less generous pension tier during his first term.
It is anticipated that Unite members will join other public sector unions on 10 May as part of the on - going campaign against government attacks on public sector pensions.
«This coming year is going to be one of the most challenging years for the trade union movement - and public sector trade unions in particular - as the coalition government seeks to make the public sector and its workforce pay for the crisis, through cuts to jobs, services, pay and pensions.
As well as having their pay frozen with inflation above 5 %, public sector workers face their pensions being raided to help pay off the budget deficit caused by the recession and the bank bail - ouAs well as having their pay frozen with inflation above 5 %, public sector workers face their pensions being raided to help pay off the budget deficit caused by the recession and the bank bail - ouas having their pay frozen with inflation above 5 %, public sector workers face their pensions being raided to help pay off the budget deficit caused by the recession and the bank bail - out.
The main civil servants» union, the Public and Commercial Services union, which took joint strike action on 30 June, has described Labour leader Ed Miliband's refusal to support public sector workers taking action over cuts in their pensions as «a slap in the face&rPublic and Commercial Services union, which took joint strike action on 30 June, has described Labour leader Ed Miliband's refusal to support public sector workers taking action over cuts in their pensions as «a slap in the face&rpublic sector workers taking action over cuts in their pensions as «a slap in the face».
The Cuomo campaign is very sensitive to possibly being labled «anti-union», and so is making a clear distinction between private unions that, as one source explained to me, «represent real working people», and public sector unions whose expensive contracts and pensions and refusals to agree to give - backs has labled them special interest No. 1 in many minds.
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.»
The ability to avoid too much unpalatable cutting was the consequence of finding # 7bn extra cuts / effective tax rises from the Welfare budget and from Child Benefit, along with rises in public sector employee pension contributions, though it was disappointing (but not surprising) that misdirected programmes such as winter fuel payments survive intact.
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.
To ensure those pensions remain sustainable, we have carried out the regular revaluation of the discount rate and public sector employer contributions will rise as a result.
The protests come as governments across the eurozone push through cuts to public sector pensions, wages and services, in return for a financial bailout.
Doctors say the changes disproportionately impact their field, as physicians will see their contributions to pension funds rise more than other public sector employees.
Public - sector unions around the nation face growing political pressures not only from Republicans but also from their traditional allies among Democrats, as governors grapple with recession, declining tax revenues and pension funds perilously close to bankruptcy.
I am happy you have been elected I have an issue about pensions and retirement, which is the main topic at the moment, as I work in the public sector Here it is... Hope you are well
But instead of trying to resolve the dispute, Mr Cameron outraged unions with an inflammatory speech yesterday, attacking strikers and insisting his public sector pension raid would go ahead as planned.
Passengers are being warned to avoid flying tomorrow as airports are dragged into the strike disruption over public sector pension reforms.
Public sector pensions are unaffordable, we have no money, but as long as «WE» keep borrowing and spending, then Brown can say «HE» has done a good job of pulling us through the crisis which «HE» started.
Areas up for review include, for the first time, social security benefits, tax credits and public sector pensions, as well as departmental spending on public services.
Prime Minister David Cameron, meanwhile, indicated that public sector pensions would also be hit as the government set about repairing the # 85bn «black hole» in the public finances.
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.
The Conservatives would tear up gold - plated pension deals for highly paid public sector workers as part of a wider spending squeeze.
If he was really standing up for a principle then he would say that public sector employees have worked equally hard for their money and are entitled to their pensions on the same terms as anyone in the private sector.
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.
«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 pensioAs 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 pensioas classroom assistants, health visitors, and nursery nurses are in the firing line and face complete uncertainty about their future pension.
As a proportion of GDP, public sector pensions are projected to peak at 2 % in 2027 - 28 and will then decline.
However, the health and social care sector have experienced challenges in recent years as a result of austerity measures in the public sector which has had implications for the pay and pensions of those working in the sector.
Our approach to valuing pensions, which considers both the generosity and the risk of pension benefits, is entirely consistent with economic theory, the way in which liabilities of all types are valued in the private sector, public - sector accounting standards in Canada and Western Europe, academic writings, and the judgments of officials at nonpartisan government agencies such as the Congressional Budget Office, the Federal Reserve, and the Bureau of Economic Analysis.
As a 2013 Pensions Policy Institute (PPI) report found, that means public sector workers end up with a pension worth up to a third less than under previous rules.
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.
First, while public sector teachers are more likely to be enrolled in defined benefit pension plans, that disparity existed in the 1980s as well.
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