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Warning over Public Sector Pay review

This is a discussion on Warning over Public Sector Pay review within the United Kingdom Politics & Political Forum forums, part of the United Kingdom Political Forums category; According to Sky news this morning:- 5:20am UK, Monday June 21, 2010 Andy Winter, Sky News Online Public sector workers ...

  1. #1
    soloman is offline Senior MP

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    Warning over Public Sector Pay review

    According to Sky news this morning:-

    5:20am UK, Monday June 21, 2010
    Andy Winter, Sky News Online
    Public sector workers could be forced to pay more towards their pension funds after the Government announced a review of the schemes.



    George Osborne has said John Hutton will review public sector pensions


    Chancellor George Osborne has recruited former Labour cabinet minister John Hutton to urgently find ways of reducing the bill.


    Ahead of Tuesday's emergency Budget, Cabinet ministers have repeatedly warned "unsustainable" rises in the costs of taxpayer-funded retirement packages would be curbed amid efforts to cut spending.
    They seized on figures from the new Office of Budget Responsibility, which have suggested the bill could more than double to £9bn a year by 2015.
    But trade unions have reacted angrily to the decision to target pensions - insisting the schemes were "affordable and sustainable".
    And Labour accused ministers of using "misleading" statistics to justify the move.

    Emergency Budget: John Hutton To Review Public Sector Pensions - Fears Worker Payments May Rise | Politics | Sky News

    Not before time do I hear?

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    Midas is offline Chancellor

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    Re: Warning over Public Sector Pay review

    Quote Originally Posted by soloman View Post
    Not before time do I hear?
    You'd certainly hear it from me, although I doubt my ex-wife #1 would agree with you, being a quite senior Civil Servant
    "High taxes don't redistribute wealth; they redistribute taxpayers" -- Arthur Laffer

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    Major Sinic is offline Senior MP

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    Re: Warning over Public Sector Pay review

    Quote Originally Posted by soloman View Post
    According to Sky news this morning:-

    5:20am UK, Monday June 21, 2010
    Andy Winter, Sky News Online
    Public sector workers could be forced to pay more towards their pension funds after the Government announced a review of the schemes.




    George Osborne has said John Hutton will review public sector pensions


    Chancellor George Osborne has recruited former Labour cabinet minister John Hutton to urgently find ways of reducing the bill.


    Ahead of Tuesday's emergency Budget, Cabinet ministers have repeatedly warned "unsustainable" rises in the costs of taxpayer-funded retirement packages would be curbed amid efforts to cut spending.
    They seized on figures from the new Office of Budget Responsibility, which have suggested the bill could more than double to £9bn a year by 2015.
    But trade unions have reacted angrily to the decision to target pensions - insisting the schemes were "affordable and sustainable".
    And Labour accused ministers of using "misleading" statistics to justify the move.

    Emergency Budget: John Hutton To Review Public Sector Pensions - Fears Worker Payments May Rise | Politics | Sky News

    Not before time do I hear?
    Loud and clear!!!

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    manrow is offline Senior MP

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    Re: Warning over Public Sector Pay review

    Quote Originally Posted by Major Sinic View Post
    Loud and clear!!!
    Absolutely!

    A magnificent opportunity to rein in public sector workers benefits which are now quite out of line with private industry!

  5. #5
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    Streetwalker is online now Senior MP

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    Re: Warning over Public Sector Pay review

    Good job as well, the theft from my pay packet has gone on for long enough

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