Sir, – With regard to recent revelations regarding the funding of not only public service pensions by the taxpayer but also bank employees, is it not time for the Government to introduce defined contribution pensions for these sectors?
It would seem more equitable and socially just than asking the many taxpayers who do not possess any private pension plan to fund the generous pensions of others.
Of course this question is blighted by the next question about asking turkeys would they vote for Christmas. The reality is that no politician who wants to be re-elected will try to introduce meaningful and equitable public sector pension reform. The biggest vested interest in the country wins this one hands down. – Yours, etc,