TITLE

Pension decision 'not sustainable.'

AUTHOR(S)
Hope, Katie
PUB. DATE
October 2005
SOURCE
People Management;10/27/2005, Vol. 11 Issue 21, p13
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports that the Chartered Institute of Personnel and Development (CIPD) has warned the British government regarding its decision to allow public sector workers to continue to retire on a full pension at 60. According to CIPD, the government's decision will mean reduced headcounts or an inferior service. The deal, struck between the Department of Trade and Industry and labor unions, means existing civil servants, NHS staff and teachers will be able to retire at 60 on a full pension, but new recruits will only be eligible at 65.
ACCESSION #
25759418

 

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