2/3rds of final salary at age 60, index linked with a 65% residual pension for the surviving spouse? Assume our public sector worker has a final salary of £30,000. To retire at 60 with a £20,000 pension if she were a private citizen with a money purchase pension she would require a fund in the region of £500,000 to provide this. I see no reason why public sector workers should not retire on whatever pension they desire so long as they are willing to fund it properly but it will require some significant sacrifices on their part.
Voice For Victims
Voice for Victims is a campaign aimed at promoting the rights of those affected by child sexual abuse.
