Yesterday the Green Paper on pensions was launched. It deals with many issues which affect us all but in particular it refers to the prospect of moving the age at which public sector pensions become payable to 65. At this point no details are known except that the DoH has briefed us on some of the parameters.
- Nothing will happen for some years.
- It is proposed to apply to new starters
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- Negotiations will determine what happens
- It will provide an opportunity for extensive discussions on all outstanding issues which the staff side and Amicus in particular have raised unsuccessfully over the past years.
- Any cost savings could be shared with better benefits as well.
Amicus is establishing a small working group to look at an approach to this and associated pension issues. We shall then be seeking your views on pension issues to feed into the group.