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Posted on 30 November 20114 May 2012

Are we paying for their pensions?

The media like to state that the private sector are the ones who pay for the public sector’s pensions.  This isn’t entirely true.

The issue is that, unlike the private sector, public sector pensions are funded from general taxation. The public sector pension pot doesn’t really exist – it just all goes into and comes out of the overall budget.  Continue reading “Are we paying for their pensions?”

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