Sentences with phrase «unfunded public sector pension»

Increased global life expectancies and the growth in unfunded public sector pension liabilities are reinforcing the need for retirement income and greater personal savings.

Increase employee contributions to all unfunded public sector pension schemes by a third.

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

Not exact matches

OECD documents also highlight the enormous unfunded liabilities in UK public sector pensions.

The unfunded liability for future public sector pensions is # 1.1 trillion and rising.

While some unfunded pension liabilities are due to market fluctuations, including sharp stock market declines in 2002 and 2008, leading economists say the most severe cases are due to politicians» failure to keep up with employers» share of pension payments over many years (most public - sector workers also contribute toward their own pensions).