Perspective 24.8.25 Are gold plated government pensions really a thing of the past?

Perspective

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Sunday, 24 August 2025 - 51 minutes

Bashing government handling of public sector pensions used to be top of the list for wannabe MHKs looking for an easy vote winning target so what if anything has changed? The deficit between contributions and payments will be around £48 million this year that’s slightly less than the net spend for the Department of Infrastructure so it remains a substantial sum but the Public Sector Pensions Authority argue that the Tynwald approved plan is getting this spending under control. Are gold plated government pensions really a thing of the past? It seems so.

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