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Pensions consultation to begin

A three month consultation period begins on Monday over proposals to overhaul the Island’s public sector pensions scheme.

With the cost of public service pensions rising by £38 million per year – around ten per cent – it’s clear something has to be done.

But while the union Prospect acknowledges that, it’s suggesting the proposed guidelines could amount to individuals paying more but getting less.

Chief Minister Tony Brown says that’s unfair (audio file attached):

Clip 1

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