Public Sector Pensions Reform

A crucial meeting between government and unions to discuss public sector pensions reform could be cancelled following a Treasury announcement last week, PP has learned.

Public sector workers will switch to a career average scheme, see their contributions hiked and their retirement age increase as part of government pension reforms, Danny Alexander says.

Chief secretary to the Treasury Danny Alexander gave a speech on public service pensions to the Institute for Public Policy Research this afternoon. Here is what he said in full.