Tuesday, 22 January 2008

Mike O'Brien on Tory plan for MPs' pensions

I missed this last week. Good to see that pensions minister Mike O'Brien is alert to what the Tories are up to. This is from Pensions Week:

"This would send a signal to the employers hundreds of thousands of workers who remain in final salary schemes that the Conservatives don't care about them and are prepared to reduce their income. This should serve as a warning: if you're in a final salary scheme, don't ever vote Tory or they would destroy it."

My views on the plan to shut the MPs' scheme are here.

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