That the government has decided to slow the pace of the 3.2 percentage point increase in employee contribution by phasing it in gradually over three years was not a U-turn, or change of direction, but more a move into a slower lane for public sector pension reform.
Chief secretary to the Treasury Danny Alexander said plans to make £2.8bn worth of savings to public sector pensions by hiking contributions by an average of 3.2 percentage points will not take eff...
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