UK Parliament / Open data

Public Service Pensions Bill

The Chief Secretary talks about a deal on pensions that will last over the long term. Lord Hutton specifically ruled out moving from defined benefit to defined contribution schemes. We currently do not account for the cost of public sector pensions within our public debt numbers. Would it not have been wiser to have looked for a system that included the long-term costs for public sector pension schemes if the Government wanted to achieve such long-term sustainability?

Type
Proceeding contribution
Reference
552 c56 
Session
2012-13
Chamber / Committee
House of Commons chamber
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