Government's offer on public sector pensions reforms - NAPF Comment

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:

1. The NAPF has four million public sector pension holders among its member pension schemes.
2. 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.

Contacts:

Christian Zarro, Press Officer, NAPF, 020 7601 1718 or 07825 171 446, [email protected]