The Public Service Pension Pinch

Key pension facts

 

If closed today the LGPS could still pay all its liabilities for 20 years.

The Treasury gets £2bn more in NHS pension contributions than it pays out in benefits every year.

The average Local Government pension is £4,000 pa - hardly gold plated!

The average NHS pension is £7,000 per annum - again hardly gold plated!

Half of NHS women pensioners receive less than £3,500 per annum.

The bosses of Britain's largest companies have an average pension 34 times bigger than the average public sector pension.