On 30 November 2011, millions of public service workers will be taking action in support of a fair deal on public service pensions.
The Government are aiming to bring in changes that will see public service workers having to work longer and pay more in order to receive a smaller pension when they retire.
Public service workers are facing a triple squeeze that will see them:
- Paying more, with a hike in the rate of annual contribution needed to get a pension
- Working longer, in order to pay more years of contributions into their pensions
- Getting less, by moving to a less generous payout system on retirement, and also seeing the value of their pension in retirement drop year on year against prices
The government have made concessions to certain aspects of the proposals, but are not moving on these three main pension concerns.
Unions representing public service workers have called for a Day of Action as part of their campaign, which will see many workers taking industrial action, and many others joining in campaigning activity in events up and down the country.
