DLA Piper partner Ben Miller introduces this month's legal panel: The Independent Public Service Pensions Commission's interim report prepared by Lord Hutton, which was issued in October 2010, states that defined benefit (DB) schemes raise substantial issues of affordability and risk sharing, and concludes that maintaining the status quo for public service pensions is not tenable.
Many private sector employers have recognised this for some years with the result in a downward shift in pension provision in the private sector. However, Lord Hutton does not believe that public s...
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