The centrepiece of his conclusions is that the existing final salary
public service pension schemes be replaced by schemes where an employee's pension entitlement is still linked to their salary but is related to their career average earnings.
Setting a clear cost ceiling for
public service pension schemes - the proportion of pensionable pay that taxpayers will contribute to employees» pensions - with automatic stabilisers to keep future costs under more effective control;
Introducing more independent oversight and much stronger governance of
all public service pension schemes;
The NASUWT - the Teachers» Union has written to the Secretary of State for Education to demand that there is immediate implementation for teachers of the decision relayed to the NASUWT by HM Treasury to equalise adult survivor benefits in
public service pension schemes for same - sex married and civil partners.
Not exact matches
«Lord Hutton's review of
public service pensions has never been about making the
schemes sustainable or viable.
However, the new judicial
pension scheme would be «in line with» reforms to the
public - sector
pension scheme and would reflect Lord Hutton's independent report into
public -
service pensions in 2011.