MHK Pensions

Increase MHK's pesnion contributions and decrese thier benefits.

Idea received offline - moderator

Why the contribution is important

MHK's need to lead the way to show a will to save money.

by GavinIOMGov on May 12, 2017 at 11:02AM

Current Rating

5.0
Average score : 5.0
Based on : 1 vote

Comments

  • Posted by dpfellows May 13, 2017 at 07:06

    Or just change from a final salary scheme to a cash scheme on line with most organisations these days. That would reduce the cost to taxpayers by 66%-75%. But this would have to be applied to ALL politicians not just to any new ones. Ring fence and close the existing scheme - which again is common practice.
  • Posted by phoenix May 14, 2017 at 14:12

    It seems overly generous ( and unfair) for politicians to have leveraged amounts of pension entitlement AND a 6 month 'soft landing' after being replaced!
    Surely 'either/or' ( or less) but not both, if this is true.
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