The public sector trade unions are threatening strike action over plans to reform their pension arrangements. These plans are so moderate and the current arrangements so generous to public sector workers that even the Labour Party appears to support them! In short, the trade unions are arguing that future taxpayers should fund them to the tune of £770 billion and £1,176 billion, depending on which estimate one uses.
The public sector unions are flexing their muscles today, threatening to bring out more than a million strikers in the autumn. Setting aside the rights and wrong of the argument (it’s about reform to public sector pensions, which i... Read Post
Pensions experts prescribed a reality check for doctors threatening strike action, when medical professionals make up three quarters of public sector workers who enjoy index-linked pensions of more than £50,000 a year. Actuaries, th... Read Post