Public Sector Pensions Vs Tax relief on Pensions of Top Earners

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Public Sector Pensions Vs Tax relief on Pensions of Top Earners

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With all the discussion about Public Sector Pensions, there is continual focus upon 'fairness' to taxpayers.

The cost of all public sector pensions is around £4bn per year, while the tax relief afforded to the pensions of those earning more than £150000 per annum, the top 1% of earners, equates to £10bn.

We call upon the government to cut the tax relief on the pensions of those top earners, thus rendering the unaffordability argument for public sector pensions meaningless.

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