Calling time on ‘gold-plated’ States pensions is long overdue
This is Guernsey (Free subscription) | 11/24/2009
THE gold-plated public sector pension scheme should have been closed to new entrants years ago, according to an expert.Nordben Life and Pension Insurance director Paul Cutter spoke yesterday after the news that it will cost taxpayers £21m. next year to support the States employees’ superannuation scheme.Mr Cutter (pictured) said government should take action as the defined benefit...