Very alarming!
That’s how an MHK has described the rising cost of public sector pensions in the Island.
Michael member Alfred Cannan, who is vice-chairman of the Public Sector Pensions Authority, says the figures go way beyond what was predicted to Treasury and Tynwald members when the government unified scheme was first introduced.
Business confidence cools as costs climb and demand outlook weakens, survey finds
Rising labour and energy expenses dominate concerns, while optimism around future demand and profitability remains muted
Treasury eyes tougher immigration rules to tackle 'risks' facing system
Higher pay requirements and stricter dependant policies to be reviewed by Council of Ministers
MHKs challenge MiCard scrap after constitutent dissatisfaction
Claims of 'pressure selling' and a political 'scramble' emerge
Neonatal Care Leave 'would have been invaluable to us as a family'
Government is proposing legislation to allow up to 12 weeks of extra parental leave to those eligible
