Government Extend Consultation Period for Pension Reform

Government Extend Consultation Period for Pension Reform

The set deadline for comments on the Government’s revised proposals for the reform of public service pensions has been extended from January 11th to February 1st 2010.

The proposals were made public at the end of November and were formulated using feedback from a six month consultation on the issue carried out earlier in the year.

The main aim of the proposal is to reform the existing arrangements in an attempt to make them simpler, less costly to the taxpayer, and less vulnerable to UK changes over which the Island has no control.