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Old 15th Feb 2011, 09:46
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Exiled
 
Join Date: Oct 2007
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Al,
I think that it will all depend upon what Hutton announces in his report before the next budget. I suspect that he will recommend that all public service pension schemes adopt an Average Salary model and that we will be no exception. That will be the starter gun for the real work as I don't think that Average Salary in itself need be a particular threat, the real issue will be in the extent the Government is prepared to fund the scheme and what will happen to members of the current schemes. I can't see any of these changes happening in the short term so, for now, I doubt that people need to worry too much.
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