http://news.bbc.co.uk/1/hi/business/4352138.stm
Deal on public sector pensions
Trade unions and the government have agreed a deal over the future of several public service pension schemes.
The TUC says the government has dropped its suggestion that current members of the health, civil service and education schemes should retire later, at 65.
In exchange the unions have accepted that a higher retirement age will be phased in for new staff.
The TUC said the agreement was a "sensible compromise" which meant that pensions promises would not be broken.
More later.
Phew what a relief. For a minute I thought the millions of New Lie pen pushers and form fillers would have to work until their mid 90's like the rest of us and not enjoy an index linked final salary pension at 50.
Deal on public sector pensions
Trade unions and the government have agreed a deal over the future of several public service pension schemes.
The TUC says the government has dropped its suggestion that current members of the health, civil service and education schemes should retire later, at 65.
In exchange the unions have accepted that a higher retirement age will be phased in for new staff.
The TUC said the agreement was a "sensible compromise" which meant that pensions promises would not be broken.
More later.
Phew what a relief. For a minute I thought the millions of New Lie pen pushers and form fillers would have to work until their mid 90's like the rest of us and not enjoy an index linked final salary pension at 50.
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