TUC DEFEND PUBLIC SECTOR PENSIONS
10 August 2010
According to the TUC evidence to Lord Hutton's pensions review, they have made it clear that public service pensions are both affordable and sustainable.
Even before the switch to CPI indexing, the National Audit Office and the Office for Budget Responsibility had endorsed Treasury estimates that public sector pension commitments will remain stable as a proportion of GDP for the next 40 years. Read more...