Public Sector Pensions Reform

Labour MP Keith Vaz has called for changes to the proposals for police pensions in a parliamentary debate.

In the first of PP’s series of Scheme Excellence interviews, Helen Morrissey talks to the Isle of Man Government Unified Scheme about how 15 separate schemes were merged into one

Rachel Dalton examines the latest detail on public sector pension cost caps and Fair Deal reform

Public sector pensions need further reform before 2020 to avoid an annual £32bn liability for UK taxpayers, Centre for Policy Studies research fellow Michael Johnson says.

The Government has issued a call for evidence after the Public Service Pensions Bill passed its second reading in parliament this week.

The government's proposed reforms to public sector pension schemes will cut the average benefit for members by more than a third, the Pensions Policy Institute says.

Britain is among eight governments which have signed a letter saying they are "very concerned" that the cost of European Union pensions will rise to £2bn a year by 2045.

The Independent Parliamentary Standards Committee has proposed a career average revalued earnings scheme to replace MPs' defined benefit plan.

The Public Service Pensions Bill will penalise members of the NHS scheme and "entrench disparities" within public sector schemes, the British Medical Association says.

The Welsh Assembly Members' scheme will not be reformed as a defined contribution arrangement due to fears this would dissuade "high quality" candidates standing for election.