HRreview Header

Public sector pensions offer ‘improved’

-

The government is said to be looking at improving the offer currently on the table for the reform of public sector pensions by ensuring better accrual rates and raising the limit on state contributions.

With unions set for a nationwide strike at the end of the month, ministers have let it be known that this “enhanced offer” is genuine and union leaders have been attending a meeting at the Cabinet Office with Chief Secretary to the Treasury Danny Alexander and Cabinet Office minister Francis Maude.

The government has insisted that while most public sector workers would pay in more and work for longer, those on low and middle incomes would get a pension as good as or even better than they would get now.

But GMB national secretary Brian Strutton disputed this, pointing out that to get their pensions, employees would have to work eight years longer.

“I’m hoping that what comes forward [from this meeting] is a sign that government is negotiating genuinely,” he told the BBC. “I hope rumours of final positions aren’t true because we will need to examine whatever’s said if we are to give it any sort of chance of working.”

Latest news

James Rowell: The human side of expenses – what employee behaviour reveals about modern work

If you want to understand how your people really work, look at their expenses. Not just the total sums, but the patterns.

Skills overhaul needed as 40% of job capabilities set to change by 2030

Forecasts suggest 40 percent of workplace skills could change by 2030, prompting calls for UK employers to prioritise adaptability.

Noisy and stuffy offices linked to lost productivity and retention concerns

UK employers are losing more than 330 million working hours each year due to office noise, poor air quality and inadequate workplace conditions.

Turning Workforce Data into Real Insight: A practical session for HR leaders

HR teams are being asked to deliver greater impact with fewer resources. This practical session is designed to help you move beyond instinct and start using workforce data to make faster, smarter decisions that drive real business results.
- Advertisement -

Bethany Cann of Specsavers

A working day balancing early talent strategy, university partnerships and family life at the international opticians retailer.

Workplace silence leaving staff afraid to raise mistakes

Almost half of UK workers feel unable to raise concerns or mistakes at work, with new research warning that workplace silence is damaging productivity.

Must read

David Price: Supporting an employee in returning to work after leave due to mental health

Supporting an employee in returning to work after leave...

Charles Hipps: Generation Y and how they differ from previous Generations?

Employers seem to be polarised by Generation Y –...
- Advertisement -

You might also likeRELATED
Recommended to you