In this paper, published by CPS Research Fellow Michael Johnson, in anticipation of the Hutton review on public sector pensions, Johnson showed that taxpayers should not be liable for plugging the £10 billion annual shortfall in public sector pensions and that the key principle of public sector pensions reform should be self-sufficiency.
Media Impact:
- The Daily Express: Public sector pensions bill to cost every family £400 a year
- The Telegraph: Public sector’s ‘Madoff-style’ pensions pyramid will spark crisis, warns Centre for Policy Studies
- The Daily Mail: Taxpayers’ £340 extra a year EACH to support pension bill
