Replace Public Sector Pension schemes with a defined contribution scheme 4%/6%
Set up a defined contribution (DC) scheme for all public sector staff along the same lines as most private sector schemes (usually 4% staff & 6% employer contributions - staff can contribute more).
Pat McFadden
Work & Pensions Secretary
Similar motions
Government to fix private pension access age at 55
Remove the triple lock commitment on pensions and tie increase to inflation only
Increase annual Pension Protection Fund compensation for pre-1997 service
Reverse ISA allowance cuts & salary-sacrifice pension contribution caps
Stop requiring NI contributions and Pay The Full State Pension to All
Replace Public Sector Pension schemes with a defined contribution scheme 4%/6%
Set up a defined contribution (DC) scheme for all public sector staff along the same lines as most private sector schemes (usually 4% staff & 6% employer contributions - staff can contribute more).
Similar motions
Government to fix private pension access age at 55
Remove the triple lock commitment on pensions and tie increase to inflation only
Increase annual Pension Protection Fund compensation for pre-1997 service
Reverse ISA allowance cuts & salary-sacrifice pension contribution caps
Stop requiring NI contributions and Pay The Full State Pension to All