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.
Sliding scale pay awards 'may be on the table' in future, says PSC Chair
Rob Callister says the approach was considered during recent negotiations
'Opportunities possible' around US tariffs situation
Treasury Minister quizzed on local impact of recent developments
Quarterbridge Road to shut overnight for patching works
Alexander Drive will also close to allow DOI to work on Thursday
New equipment will help patients during cardiac arrest
Schiller compression device donated by Henry Bloom Noble Healthcare Trust
Review of parking permits underway, says minister
Several areas of the system expected to be analysed