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Tag Archives: Funded
Germany’s important planned pension reform
The FT reckons that what has been put forward in Germany is an ambitious move that could have positive Europe-wide implications It must be important for their “editorial board” to put their heads together to consider it. How it will … Continue reading
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