Pension agreements freely entered into by workers and employers should be honoured in one form or another, so says MHK David Cretney.
A review of public service pensions is to be debated in Tynwald later this year with existing scheme members concerned about a possible increase in pension age and a decrease in benefits.
However, while Chief Minister Tony Brown has indicated the aim is to unify the 19 different government pension schemes, he’s repeated assurances no final decisions have been taken and there’ll be full consultation before any changes are introduced.
That news has been welcomed by Mr Cretney (audio file attached):
Figures show cost of works at Ramsey and District Cottage Hospital
Section of former Ramsey Bakery site could become a motorcycle shop
Cyber security event to take place later this year
Warning after drone reported flying over farm
French tall ship returns to the sea