0370 270 6000

already registered?

Please sign in with your existing account details.

need to register?

Register to access exclusive content, sign up to receive our updates and personalise your experience on brownejacobson.com.

Privacy statement - Terms and conditions

getting the balance right?

20 October 2010

The Chancellor today announced that public sector pensions are to be sustainable and affordable ‘gold standard’ final salary pensions. Employee contributions are to be increased staggered in line with employee earnings.

But has he got the balance right? There might be some unintended consequences for future tax payers – employees may withdraw from their public sector schemes, opting out from paying higher contributions, particularly during difficult times, leaving themselves with either little or no private pension income in retirement.

This is a trend currently being seen in the private sector, this combined with the closure of many final salary pension schemes could mean that future tax payers have to pick up the tab for more pensioners without sufficient retirement income.

It will be interesting to see how this progresses.

related opinions

“Caution” is now the watchword when it comes to directly awarding public sectors contracts

The judicial review proceedings brought by the Good Law Project against the Department of Health and Social Care in relation to the £108m contract the Department awarded for PPE in April are about to shine a light on Regulation 32(2)(c) of the Public Contracts Regulations 2015.

View blog

Developments overlooking other land are not a nuisance

Developers received welcome confirmation from the Court of Appeal this month that ‘overlooking’ (providing a view into another’s property) does not constitute a nuisance or invasion of privacy.

View blog

EHRC harassment guidance

The Equality and Human Rights Commission has issued technical guidance this month on Sexual harassment and harassment at work.

View blog

Supreme Court provides comfort to public authorities facing village green applications

In a lengthy majority judgment accompanied by two powerful dissenting opinions, the Supreme Court found yesterday that land acquired and held for statutory purposes cannot be registered as a village green where that registration is incompatible with the statutory purpose for which it is held.

View blog

mailing list sign up



Select which mailings you would like to receive from us.

Sign up