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Truth about public-sector pensions obscured by "dodgy statistics and scaremongering", claims TUC

'Fat cat' pensions in the public sector are a myth, according to the TUC.

According to the TUC, public-sector pensions cost around 1.5% of GDP and the majority of public-sector pensioners receive a ‘modest' pension of less than £5,000 per year.

A new report from the union shows the average local Government pension is £4,000 per year while women on NHS pensions receive less than £3,500 annually.

TUC general secretary Brendan Barber, said: "Many private-sector employers have cut or abandoned decent pensions for their staff. The result is many people at work today will face a big drop in their living standards when they retire.

"Now employer groups and opposition politicians are saying public-sector pensions should be levelled down so Britain's nurses, teachers and other public-sector staff face the same hardship when they retire. Every day seems to bring new dodgy statistics and scaremongering about the cost of public-sector pensions, along with bogus claims there are easy public spending [cuts] to be had.

"The pubic sector is rightly a big employer and giving its staff a decent pension - as all employers should - does not come free. But the costs of public-sector pensions are affordable."

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