
Very alarming!
That’s how an MHK has described the rising cost of public sector pensions in the Island.
Michael member Alfred Cannan, who is vice-chairman of the Public Sector Pensions Authority, says the figures go way beyond what was predicted to Treasury and Tynwald members when the government unified scheme was first introduced.
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
Just over half the vehicles examined were defective