Politicians are part of a much larger public sector and the debate should always focus on what governments should or should not do (and from which the size of the public sector then flows); what is affordable for taxpayers; and private and public sector comparisons.
Advertisement
pension plans
Politicians’ pension plans aren’t the only problem
on May 21st, 2012
Status Quo Defined Benefit Pension Plans For Government Employees Akin To A Blank Cheque
When such pension plans face shortfalls, the taxpayer is left to clean up the mess Since the turn of the millennium the ever-increasing cost to taxpayers of government sector pension plans has been made evident time and again. Contribution rates have been hiked, often doubling in one decade, or the plans have been partly bailed