Unfunded public sector pensions = 14p on income tax

Just read the above in the papers.

How is this going to be resolved? Presumably those already retired will continue to have their guaranteed (sometimes index linked) pensions.

But at this rate the govt will have no choice but to cut back the entitlement to those not yet retired, surely??

Reply to
John-Smith
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Nope, they will just push up council tax. A significant percentage of the council tax rises in the poast decade has been to simply prop up LA staff pension schemes. It is a scandal.

Reply to
John Smith

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