UK - Firefighters have told the government that they will fight any attempts to either increase the retirement age or cut their pension benefits.
The warning comes ahead of the government’s White Paper on reforming the operations of the fire service.
The FBU said that it would be forced to take action, if the government tries to reform the fire service along the lines recommended by the Bain Review on their pay and conditions.
The review said the government must find ways to let firefighters work longer, as the current pension scheme discourages people from working beyond 50.
It also claimed that because the current pension scheme’s ill-health retirement benefits are so good, people chose to retire early, rather than be redeployed.
FBU executive council member Mick Shaw warned: “The worst-case scenario here is making us work longer.
“The retirement age of 55 is reasonable for a firefighter, but the idea of a 60 year-old or older fighting fires is not.
“And obviously, we will resist any reduction in the benefits we currently receive.”
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers