Any increase in taxpayer contributions to MPs defined benefit pensions would be a "spectacular own-goal", the Liberal Democrats say.
A report from the government actuary recommended taxpayer contributions should increase from 26.8% to of 31.6% of payroll from today (April 1). The report said the cost of benefits accruing under...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
