ILC-UK: Govt must avoid ‘intergenerational unfairness’

Baroness Sally Greengross, chief-executive the thinktank International Longevity Centre-UK, comments on the release of John Hutton’s interim report on public sector pensions:

“ILC-UK welcomes the publication of the interim report. Public sector pensions are a huge challenge within an ageing society.

“It is right that the coalition government addresses this challenge urgently, in an objective manner and based on evidence.

“In particular, we welcome the commitment to protect pensioners’ accrued rights.

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“However, using higher contributions from today’s public sector workforce to fund existing entitlements risks undermining intergenerational fairness.”