The pensions timebomb

July 11, 2012 5:50 PM

The TaxPayers' Alliance (TPA) can today reveal for the first time a substantial rise>in the number of former council staff drawing pensions compared to the number in work and paying into the Local Government Pension Scheme (LGPS). The new research also reveals that when the one million deferred members of the scheme (those no longer working at the council but not yet eligible to draw pensions) are considered, the outlook is even more alarming.

Click here to read the full report

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