Limit Public Pensions
Public Pensions should fall into a number of categories;
- Full final salary pensions – Nurses / Firefighters / Police / Armed Foreces regardless of service linked to earnings.
- Existing / Ex Prime Ministers Final Salary Pension.
- All other public jobs (for example MP's, civil servant, etc) go onto Money Purchase Schemes.
Why does this idea matter?
This will not only bring the public sector pension in line with the private sector, but also reward those in the front line service who provide and serve for the country.
This will also stop these big money consultants working in the public sector for a few years and walking away with a big pensions.
It will mean that the public & private sectors would be working on level terms.