MyCSP has appointed Xafinity Paymaster's Nicola Hurst as its chief executive and is planning redundancies just eight months after its launch.
Public sector pensions will cost taxpayers an additional £9bn a year due to a ‘toxic' combination of the Public Service Pensions Bill and state pension reform, a Centre for Policy Studies paper shows.
Ministry of Defence firefighters are seeking an amendment in the Public Service Pensions Bill, potentially delaying the legislation.
Agreed reforms to the Local Government Pension Scheme could be under threat as a result of "delays and confusion", GMB has warned.
The majority of senior civil servants are in favour of MyCSP, the government's mutual for managing the Principal Civil Service Pension Scheme, but 80% fear there may be changes to their benefits.
Lord Hutton, the architect of public sector pension reforms, has been appointed chairman of a newly launched civil service pension administration firm.
Reformed public sector pension schemes will have to undergo further changes within the next 25 years, undermining claims the settlement will last a generation, Lord Hutton says.
South Yorkshire Pension Fund has launched a campaign to highlight the "frightening" amounts of money members will lose in benefits if they opt out of the scheme.
Public sector pension reforms will have "little or no long-term saving for taxpayers" because improved accrual rates cancel out retirement age hikes, an independent study says.
Realism trumps idealism in local government, according to Michael Bow