Lawrence Kay
The shadow of public sector pensions (Lawrence Kay, Policy Exchange)
The threat of serious financial difficulty hangs over the government. All the parties have said that they will cut the deficit as soon as they think practicable. But to really put the public finances in good shape for years to come they will need to deal with the problem of public sector pensions. The state has a liability of around £1 trillion in the pension promises it has made to public
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