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there have been articles in the FT, Economist and other such places about the "unsustainability" of public pensions (and of "defined benefit" pensions in general) - by playing on the card that private sector workers will be paying twice: for their own (stingy) pensions and for the taxpayer funded goldplated ones for public sector workers. Of course, the ocnclusion is the need to massively hike the retirement age

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Wed Jul 15th, 2009 at 03:47:21 PM EST
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The UK govt has seriously messed up the private pension system in this country and they know it. there's no way out of the corner they've painted themselves into and so are trying to discredit the entire sector and shift the blame.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Wed Jul 15th, 2009 at 04:42:58 PM EST
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