Commenting on the Government's offer on public sector pensions reforms, Joanne Segars, Chief Executive of the National Association of Pension Funds (NAPF), said:
“The Government’s announcement is an important milestone in the negotiations on public sector pensions reform. Such reform is necessary to guarantee their long-term sustainability and to ensure public sector workers can continue to receive good quality pensions.
“Ultimately, we need to avoid a race to the bottom. All workers, whether in the public or private sector, should have the opportunity to retire with a good pension.”
Notes to editors:
- The NAPF has four million public sector pension holders among its member pension schemes.
- The NAPF is the leading voice of workplace pensions in the UK. We speak for 1,200 pension schemes with some 15 million members and assets of around £800 billion. NAPF members also include over 400 businesses providing essential services to the pensions sector.
Christian Zarro, Press Officer, NAPF, 020 7601 1718 or 07825 171 446, [email protected]