Public Sector pensions: what’s the problem?
Trainee firefighters in the UK are offered visits from ‘pension experts’ – HR employees whose job it is to answer the questions they might have about their retirement savings. It’s a risky job. Firefighters have been deeply unsatisfied with their pensions since a law change in 2015 sent their retirement age up by ten years and altered the type of benefits they would receive when that date finally arrived.
These ‘pension experts’ are well…
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