Conservatives are Split on Public Sector Pension Reform

ImageThe Conservatives are split over the issue of public sector pension reform, following the release of information highlighted by the Liberal Democrats that shows that the cost of public sector pensions is due to treble between 2006-07 and 2009-10.

Commenting, Liberal Democrat Shadow Chancellor, Vince Cable said:

“It now transpires that there is a major split within the Conservatives on public sector pensions, with David Cameron trying to give business the impression that they are tough on the issue, while Chris Grayling’s line to public sector employees is that nothing will change.

“This isn’t leadership but short-term opportunism.

“It’s very clear from the Pre-Budget Report that public sector pension commitments are skyrocketing.

“This is a serious long-term issue which must be dealt with honestly. That is why we have called for an independent commission to review public sector pensions.”

Commenting further, Liberal Democrat Pensions Spokesperson, Matthew Oakeshott said:

“Who is in charge of Tory pension policy, Cameron or Grayling?

“Cameron wants to end pensions apartheid, while Grayling says it has never even be discussed and there are no plans to change.

“Grayling soft soaps the public sector in public while Cameron tells private business the opposite in private.

“You can’t trust the Tories on pensions.”

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