Public sector pension debt (via Henrytapper’s Blog)

This is an extract from a blog posted by Corin Taylor on the IOD website, Final salary pension membership in the private sector has already fallen 40 per cent since 2000, and the recession will only intensify this trend, as pension funds perform poorly and companies no longer have the cash to keep schemes going. If private sector employees have pensions at all, they are now more likely to be riskier “defined contribution” arrangements, where reti … Read More

via Henrytapper's Blog