We believe that this publicity generally gives an entirely wrong impression of both the value and costs of public
sector pension provision.
For amidst all this private pension gloom, the taxpayers» bill for public
sector pension provision seems to grow exponentially.
Not exact matches
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.
Conference asserts that public
sector pensions are a significant element of the remuneration package for five million public service workers and are, therefore, a substantial part of
pension provision in the UK.
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».
Retired actuary and
pension expert Malcolm Hamilton says most Defined Benefit
pensions are in the public
sector and have automatic survivor
provisions with no reduction in the member's
pension.
If you change jobs, whether voluntarily or not, there's not likely to be the kind of
pension portability
provisions that may be available in the public
sector.
This obliges contractors to make broadly similar
pension provision to that available from the previous public
sector employer.
Advising on the
pension implications arising from staff transfers due to the proposed creation of subsidiary or Teckal organisations or joint venture partnerships with private and third
sector organisations to deliver vital public services (ranging from the
provision of public health services to large regional Local Authority waste projects).