» Monday, December 10, 2007
Pensions
Asked to clarify the nature and scale of the divisions within Government over the issue of people having lost their pensions through no fault of their own, the PMS replied that she did not recognise the description of the situation on pensions. There was an examination underway into the most effective way to compensate and benefit those who had lost their pensions. It was being taken forward by Actuary Andrew Young, whose findings would be considered carefully and an announcement would be made in due course. There was a need that everyone in Government recognised, to balance the desire to provide as much help as possible, with the Government’s duty to the taxpayer. The PMS reminded people that the Government had already allocated large sums of money to people who had lost their pensions.
Briefing took place at 16:45 | Search for related news
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