Public Sector Pensions Reform

Public sector pension reforms will have "little or no long-term saving for taxpayers" because improved accrual rates cancel out retirement age hikes, an independent study says.

Members of Unison have given the green light to further talks on a set of reforms to their pensions proposed by the government.

One of the UK's largest unions, Unite, has pulled out of Local Government Pension Scheme talks, risking a split between unions over proposed reforms.

Government calculations on public sector pension savings have been labelled "fundamentally unsound" after independent analysis revealed increasing retirement ages failed to cut taxpayer costs.

Private sector pensions have suffered from a "seismic collapse" with provision falling far short of the public sector, according to the Association of Consulting Actuaries.

In the final part of our run-down of the most read Professional Pensions Online articles in 2011, we look at the rest of the top 20 news stories during the year - those in first to tenth place.

Here it is. The joint statement by the LGA, LGA Workforce Board, Unison, GMB and Unite in full.

Government and unions have reached agreement on reforms to the Local Government Pension Scheme following emergency talks yesterday afternoon.

Local Government Pension Scheme reforms are in disarray after union bosses withdrew their agreement following a last minute policy shift by government on employer contribution rates.

The outline deal between government and unions on public sector workers is like ‘Christmas come early for public sector workers', Barnett Waddingham says.