MPs' pensions cost taxpayers £20.5m a year - more than double the official estimate, pension consultant John Ralfe claims.
He said the 2006-07 House of Commons accounts showed the Parliamentary Contributory Pension Fund cost taxpayers 18.1pc of salary or £11.5m in that year – consisting of £7.8m for new pensions and £3...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders