State Staff 'S Pensions Are a Pounds 1trillion Nightmare

Summary


GOLD-PLATED pensions for public sector workers have created a colossal black hole of more than Pounds 1trillion in Britain's finances, experts warn today.

The sum a million million equates to a debt of Pounds 40,000 for every household in the land or an extra 11p on income tax for the next 25 years.

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Extract


State Staff 'S Pensions Are a Pounds 1trillion Nightmare

Industry experts warn of growing resentment among private sector workers whose retirement dreams have been shattered by the collapse in final salary sche...

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