Unfunded Public Sector Pension Deficit the Straw That Broke the Camel’s Back?

European Union Taxation Comment and Analysis The Politics of Culture

We have a two-tier pension system in the UK whereby MPs and public sector employees have a defined benefit or final salary pension, whereas private sector employees have a defined contribution or money purchase pension. This raises the question: should the pension arrangements of MPs be aligned with those of employees in the private or public secto...