Public sector pension discrimination could cost UK taxpayer £17bn

Treasury puts price on remedy for 3 million younger workers facing lower retirement incomeThe government has revealed it faces a £17bn bill for tackling “unlawful” age discrimination in public sector pensions, with 3 million people set to benefit by an average of more than £5,600 each.While the announcement spells good news for many teachers, nurses, police officers, firefighters and civil servants, commentators said the huge bill could not have come at a worse time and would almost certainly have to be financed through cuts in spending or higher taxes. Continue reading... https://www.theguardian.com/society/2020/jul/16/public-sector-pension-discrimination-could-cost-uk-taxpayer-17bn #public_sector_pensions #public_services_policy #pensions_industry #business #uk_news #discrimination_at_work #politics #society #work_&_careers #law