Sunday, 20 February 2011

Baroness of LGA spin urges public sector pensions rethink

The top Tory in local government has urged Chancellor George Osborne to rethink plans to make public sector workers pay more into their pensions.

Lady Eaton and Sir Steve - who is the directly elected mayor of Lewisham in south London - warned that rather than bolstering the local government pension scheme the move could lead to many employees opting out.

In their letter they said if that happened it would call into question the sustainability and viability of the pension scheme.

My comment: Well Local Government pensions are not sustainable nor viable now so what an earth does she expect. The taxpayer to bail them out because they haven't paid enough into their pensions over the last 20 years to make them sustainable and viable?

Read the full story from the source BBC News

Read all articles about the LGA on this blog

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