The Cabinet Office has revised the terms of the ministerial pension scheme to prevent ministers receiving a higher pay-out for increased contributions.
Cabinet secretary Francis Maude (pictured) announced in March that ministers would pay up to 2.4% more into their pensions to bring the ministerial scheme more in line with other public sector refo...
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
