'Perfect storm' brewing for public service pensions

MPs warn cost issues will take ‘generations to resolve’ as civil servants and emergency workers opt out of DB schemes

Holly Roach
clock • 4 min read

There is a “perfect storm” brewing in public pension costs that the Treasury’s £17bn “mistake” is only part of, according to a report published by the House of Commons Public Accounts Committee (PAC).

The report - published today (11 June) - revealed HM Treasury has "done little to identify and manage the stark differences in average pensions between genders and other groups" and "should have fo...

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