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Take urgent steps to curtail the unsustainable public sector pensions deficit

Submitted on Monday 9th January 2017

Rejected on Wednesday 18th January 2017

Current status: Rejected

Rejection code: no-action (see below for details)

Petition Action

Take urgent steps to curtail the unsustainable public sector pensions deficit

Petition Details

According to ONS 2015 statistics the total net public sector pension liability stands at an eye-watering £1,493Bn and in 2014/15 alone increased by £190Bn. This liability will be shouldered by current and future generations of UK taxpayers the majority of whom have no access to DB pensions.

Additional Information

The public sector pension liability arises from 4 principle sources:
1. Unfunded state pensions
2. Unfunded public sector occupational DB schemes
3. Funded public sector schemes which are being systematically under-funded
4. Rescue funding for private sector schemes unable to meet liabilities

Of these action is being taken to make state pensions more sustainable (later retirement ages, changes to qualifying conditions). However no corresponding action has been taken to address items 2 & 3.


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This petition was rejected

The Government e-Petitions Team gave the following reason:

Petitions need to call on the Government or Parliament to take a specific action. It is clear that you want the Government to act on public sector pensions, but not clear what action you would like to be taken.

You could start a new petition explaining clearly what you would like the Government or Parliament to do.

Have your say on this petition!

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