Tag Archives: Funded
A lifetime view on rewarding the Public Sector
There were two positions on public pensions and public pay. The view articulated by a Minister is that civil , healthcare, teaching and other Government paid workers should have more control of how much they get in their pay packet … Continue reading
Unfunded pension promises don’t cost less to keep, but they’re more easy to break.
2/2 The cost of public sector pensions depends exclusively on the nature of the promise. Whether funded or unfunded, the promise is identical – and unconditional obligation for taxpayers to meet the pensions when they fall due. — John Ralfe … Continue reading