On Air Night Flight | Midnight - 5:00am

PSPA explored harsher pension measures, says chief exec

Planned changes to go before Tynwald in April

Harsher options were explored, but ultimately not used, when it came to plans to reform the Government Unified Scheme.

That from the chief executive of the Public Sector Pensions Authority, Ian Murray.

He's been speaking in the wake of the announcement the PSPA plans to change GUS, with members contributing up to 50% more to ultimately receive less.

Mr Murray says the impact of some of the options discussed would have been too great: 

More from Isle of Man News