New pub­lic pen­sions of­fer is ‘a fair deal’

The Peterborough Evening Telegraph - - UK & World Update -

THE fi­nal of­fer on pub­lic sec­tor pen­sions is a “fair deal” for work­ers and the tax­payer even though an agree­ment has not been reached to end the bit­ter dis­pute, the Govern­ment has in­sisted. Chief Sec­re­tary to the trea­sury Danny Alexan­der told MPS that “heads of agree­ments” had been reached with most unions dur­ing lengthy ne­go­ti­a­tions. The changes de­liver the Govern­ment’s key ob­jec­tives of amend­ing them to a ca­reer av­er­age ar­range­ment, lead­ing to pub­lic sec­tor staff work­ing longer be­fore they re­ceive a pen­sion and pay­ing higher con­tri­bu­tions, he said.

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