Public sector pay freeze; review of pensions
24 February 2010
They say:
"As well as explicitly spelling out its medium-term spending plans, it is now necessary for the government to announce a freeze in the public sector wage bill, and an immediate review into the cost of public sector pensions,"
said David Kern, the BCC's chief economist.
We assume, in the British Chambers of Commerce world, that such a review of pensions can only conclude that our pensions are too expensive. The BCC are just one of a number of groups that have our pensions in their sights.
Of course the first thing that is under attack is the compensation scheme. That is why we need to win that dispute.
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