Seems to have gone quiet over the last few days wrt public sector pay rises. Just throwing up a ‘caution caption’ against LJ’s optimism as there appears to be a clear split in the cabinet against supporting the various pay body recommendations or ignoring them in the war on inflation. So standby for the 6% recommendation becoming 3% actual?
On a separate note, the AFPS have released a note that says the new McLoud compatible pension calculator should be released on the 1st August. Whilst long overdue but nevertheless clearly welcome, I fear this will only add to further increases in the PVR/ET rate when even more disgruntled SP get to see how much better off they might be under their chosen option. Particularly those in the MEOS bracket who were stuck on AFPS75 up until April last year.