Some public
sector pension deals are scandalous.
But today Mr Johnson said he would honour the public
sector pensions deal because it was «very good, very fair, very reasonable and very sane», noting that all new workers would be required to work until they were 65.
«Conservatives worry about Clegg's increasingly petulant reaction to EU veto Main Downing Street is confident of a public
sector pensions deal being reached with the unions»
Not exact matches
As part of the
deal to allow a minority private
sector stakeholder, the government has said it will take over the Royal Mail's
pension fund deficit.
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).
Quadrangle, which focuses on
deals in the media and communications
sectors, has struggled since it and its founder were swept up in the sweeping
pension probe.
Public
sector workers have their
pensions protected, even if another provider takes over the service, under «fair
deal» rules agreed by Labour in the late 1990s.
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.
At a press conference this morning, David Cameron's official spokesman has expressed confidence from within Downing Street for reaching a
deal with the unions over public
sector pensions by the end of the year.
Unions have opposed changes to public
sector pensions which the government says are necessary to
deal with Britain's ageing population.
«How are they going to
deal with private -
sector pension issues fairly when they have the most lucrative
pensions of all?»
HM Treasury therefore issued a consultation document on this policy: Consultation on the Fair
Deal policy: treatment of
pensions on compulsory transfer of staff from the public
sector.
We have supported a number of independent
sector providers with NHS
Pension access applications particularly in the context of TUPE transfers where COSOP or Fair
Deal may apply.
We advise public
sector employers, service providers and Third
Sector employers on public
sector pension issues, with particular experience advising on the transfer of staff from the public
sector, the Fair
Deal on Staff Transfers policy and the associated allocation of risk.
The firm has a strong track record in major distribution
deals, M&A work and complex regulatory issues, and has retained a strong client base in the general insurance, life and
pensions, savings and investments and health
sectors.
With the colossal success of banking, insurance, and
pension schemes, the Central Government is preparing to launch a new and affordable social security scheme to
deal with the nation - wide distress in the Agriculture and Farming
sector.