NEW REPORT: Self-sufficiency is the key

The Centre for Policy Studies has brought out a report by leading pensions expert, Michael Johnson entitled Self-sufficiency is the key: addressing the public sector pensions challenge


In this detailed investigation into the future of public sector pensions, Michael Johnson:

  • shows that taxpayers should not be liable for plugging the £10 billion annual shortfall in public sector pensions
  • recommends that public sector pensions should move to a defined contribution basis (rather than the currently prevalent final salary basis).
  • recommends that the key principle of public sector pensions reform should be self-sufficiency

The full report (128 pages) can be downloaded from here.


An abridged version (22 pages) can be downloaded from here.

Date Added: Friday 11th February 2011