
A combination of a pay freeze and the fact less staff are now contributing are the main reasons why government’s workforce could face a rise in pension contributions.
So says the Chief Minister after a report on public sector pensions recommended a further increase in contributions.
That includes proposals Tynwald members pay a 15 per cent hike to retain their present benefits.
Allan Bell says there is now less money coming into the pot.
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Isle of Man inflation eases slightly to 2.8% in October
Progress on autism strategy welcomed
Paper car tax discs cost DOI £7,500 each month
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