Treasury statement on public sector pensions: Key points

clock

The Treasury has set out the government's progress on public service pension reform - announcing consultations and plans for talks with unions. Here are the key points of today's announcement.

The key points are: - The government will phase in employee contribution increases gradually over three years. - Separate scheme specific discussions will make proposals by the end of October...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Partner Insight Video: Risk settlement for defined benefit pension schemes

Partner Insight Video: Risk settlement for defined benefit pension schemes

Leah Evans, partner at Aon
clock 14 March 2025 • 1 min read
FTSE 100 DB scheme funding levels remain 'strong' in February

FTSE 100 DB scheme funding levels remain 'strong' in February

LCP says endgame strategies remain ‘high’ on agenda amid ongoing strong funding levels

Martin Richmond
clock 12 March 2025 • 2 min read
Balfour Beatty scheme reveals 'phased withdrawal' from growth assets

Balfour Beatty scheme reveals 'phased withdrawal' from growth assets

Move comes ahead of triennial valuation this year and posting of IAS 19 surplus

Jonathan Stapleton
clock 12 March 2025 • 2 min read
Trustpilot