Research reveals inequalty beteen pensions in the public and private sectors

Trustees Agenda posted on 31 August, 2018

The Taxpayers' Alliance have recently published their findings from a study comparing the occupational pensions that are available to new entrants with the pension they can expect at the end of their career.

Analysing schemes in both the public and private sectors, the study found that a new employee aged 25 who is earning around the national average wage and making the same level of employee pension contributions would retire at 68 on an average pension of 61% of final salary in the public sector compared to 22% of final salary in the private sector.