17/06/2011

Public Sector Pensions Due To Rise To 66

The public sector retirement age will come in line with state pension age, the Treasury Minister, Danny Alexander is to confirm.

The move means the public sector pensions age will rise to 66.

Even though Ministers say the plans are "fair and affordable", the descision has been criticised by unions, who described on-going talks as "inflammatory".

The Treasury Minister will add that contributions must go up, but that rises will be capped for the low paid and existing benefits protected.

In recent days, tensions have been rising after unions representing up to 750,000 public sector workers voted to strike on 30 June.

(BMcN)


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