Thousands of civil servants throwing away gold-plated pensions
Nearly 20,000 civil servants have abandoned their generous defined benefit pensions in the past five years, The Telegraph can reveal.
Source: yahoo.com
Stay updated with breaking news from Intergenerational Foundation. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Nearly 20,000 civil servants have abandoned their generous defined benefit pensions in the past five years, The Telegraph can reveal.
A shrinking workforce is set to hit funding for the state pension, which could mean people have to wait longer to access the payments
When David* moves into his first property next month, he will finally get some relief from the cost of living crisis.
"Totally out of touch."
Public sector pensions are now so generous that a handful of retired doctors and teachers are being paid a higher income than the Prime Minister.