Public sector pension changes
?CHANGES to the public sector pension scheme are set to come into force on 1 January.
CHANGES to the public sector pension scheme are set to come into force on 1 January.
A document sent to States employees this week explained the background to the decision to scrap the controversial final salary scheme and move to a Career Average Revalued Earnings (Care) system.
It answered questions raised by employees since the proposals were announced last month and confirmed the States would be asked to approve the move later this year.
Unions are expected to shortly issue a joint statement detailing their unwillingness to accept the changes – Unite has threatened industrial action if the new scheme is 'forced' on staff.
'The new scheme will be a "career average" scheme rather than a "final salary" scheme,' the employer representative said in the document.
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