Laura Sharman 21 March 2016

Pension reforms will see '£650m stealth cut' to public services

Changes to public sector pensions, announced in last week's Budget, will see hundreds of millions cut from front line public services, according to research from the Liberal Democrats.

The analysis found that while plans to reduce the public service pension scheme discount rate will raise £2bn for the Treasury by 2020, the cost of administering the changes will be passed directly to employers.

The NHS alone will be left with unbudgeted costs of around £650m, while schools will be faced with £426m of costs.

Liberal Democrat leader Tim Farron said: 'David Cameron said he would do whatever it takes to fill the NHS black hole, and we've now discovered that actually means cutting £650m just to help the chancellor's budget-day balance sheet.

'George Osborne cannot pull the wool over people's eyes. Choosing to ask schools, hospitals, and forces to pay £2bn extra in pension contributions has a real cost, and vital services will have to pick up the bill.'

SIGN UP
For your free daily news bulletin
Highways jobs

Financial Assessment Officer (Adult Social Care)

The Royal Borough of Kensington & Chelsea Council
Negotiable
Shape outcomes across two leading London councils as a Financial Assessment Officer, delivering vital support that makes a real difference to residents' lives. England, London
Recuriter: The Royal Borough of Kensington & Chelsea Council

No Wrong Door Team Manager – (Registered Children’s Home Manager)

North Yorkshire Council
£53,051 to £57,372 per annum
You will provide inspiring leadership, management and direction to staff, ensuring our culture, values and practice model Harrogate, North Yorkshire
Recuriter: North Yorkshire Council

Occupational Therapist

The Royal Borough of Kensington & Chelsea Council
Negotiable
Be part of a long-term complex occupational team that cares about patients and cares about you In Kensington and Chelsea, we support people's independence and wellbeing and work hard to enable them to live in the community with dignity, choice and cont England, London
Recuriter: The Royal Borough of Kensington & Chelsea Council

Property Assistant

Durham County Council
£26,427 to £27,709 p.a. (Grade 4)
An opportunity has arisen within Corporate Property and Land for a part time, permanent Property Assistant based at Aycliffe Secure Centre in Newton A Newton Aycliffe
Recuriter: Durham County Council

Community Wellbeing Assistant

Durham County Council
£27,274 - £29,542
Temporary until March 2028  2 x 15 hours posts   Wellbing Sport and leisure are looking for 2 x 15 hours Wellbeing Assistant to join their team in th Durham
Recuriter: Durham County Council
Linkedin Banner