Cutting public sector pensions 'will cost taxpayer £8bn'

Jonathan Stapleton
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Cutting back public sector pensions would lead to an almost immediate £8bn cost to the taxpayer, the Chartered Institute of Public Finance and Accountancy says.

Speaking at the National Association of Pension Funds Local Authority Conference today, the professional body's pensions panel chairman Bob Summers welcomed a review into the long-term affordabilit...

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