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Old 7th Oct 2010, 11:45
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LFFC
 
Join Date: Jun 2005
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Hutton Pension Report

Hutton's Interim Report has been issued this morning.

Regarding short term options for change:


It is a matter for the Government to decide the manner and level of any increases in contributions necessary. However, the Commission feels that any increases should be managed so as to protect the low paid and, if possible, increases in contributions should be staged and need to be considered with a view to preventing a significant increase in opt out rates. The Commission does not recommend introducing contribution rates for the armed forces at this time.
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