I’ll declare my interest up-front: a few weeks ago I became a civil servant and have already started contributing towards my public sector pension. However, I’m not a member of a union so can’t take part in the strikes today. The defined benefit pension available to me is a career average scheme (long gone are …
Pensions
The government is right to address the pensions issue
Firstly, let’s separate out two different issues relating to pensions – the pension entitlement (essentially a benefit), and public sector pensions (part of a contract between the government and its employees). The Coalition government has made proposals relating to both this week, which is likely to confuse the issue of how specific measures might decrease …