William Eichler 16 March 2016

Budget 2016: Public sector pensions will remain 'sustainable', claims chancellor

Budget 2016: Public sector pensions will remain sustainable, claims chancellor image

The chancellor pledged today to ensure public sector pensions remain 'sustainable'.

As a part of the budget announcement, George Osborne argued public sector pension reforms carried out during the last Parliament will save over £400bn over the long term.

Promising to maintain this, he said the Government will 'keep public sector pensions sustainable'.

In order to achieve this, he stated: 'We have carried out the regular revaluation of the discount rate and public sector employer contributions will rise as a result.'

Fair funding delay image

Fair funding delay

The delay to the fair funding review can only add to anxiety over the future of local government, says Mark Whitehead
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Local Government News

Latest issue - Local Goverrnemnt News

This issue of Local Government News explores how councils can tackle modern slavery and trafficking in their supply chains, finds out more about Cambridge's first cohousing scheme and the launch of a new project to build a shared service pattern library for local government.

This issue also contains a special focus on children's services and how councils are protecting children following local safeguarding children boards being abolished.

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