Unions hit out at plans to reduce pension contributions - Tellbrief.com

Unions hit out at plans to reduce pension contributions

Guernsey's public sector unions have criticised plans to reduce employer pension contribution rates from 10.3% to 7.

5%. In a joint statement they criticised the lack of consultation by Policy and Resources (P&R) for the proposals.

They said since reforms were made to the pension scheme in 2015 "employees have borne all the pain, yet the employer is taking all the gain". President of P&R Lyndon Trott said: "Our proposals will not in any way impact the benefits available to anyone on a public sector pension scheme".

..

Continue reading ...
News articles remains the property of the source. Tellbrief is a news aggregator.
Related Business News

Similar Headlines

More News
Home Business News Tech