Cost of public service pensions to rise annually by £3bn

Michael Klimes
clock • 2 min read

Maintaining public sector pensions will cost £3bn more each year with employer contributions expected to rise according to KPMG.

As a major cost review began last week, the firm predicts the cost of meeting increased contributions in unfunded schemes such as the NHS, teachers and civil service will be £2bn more a year. Th...

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