Pension reform only possible with link to earnings - TUC

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The Trades Union Congress (TUC) has stated no real reform of pensions will work unless the state pension is linked to earnings.

At a government roundtable discussion hosted by John Hutton, secretary of state for work and pensions, the TUC said the Turner Report provides the basis for a new pensions settlement with two key proposals for a National Pension Savings Scheme (NPSS) and a reform of the basic state pension re-linking it to earnings. Speaking at the debate on the future of the state pension, Brendan Barber, TUC general secretary, argued ministers had to recognise you could not introduce one proposal without the other. He stated unless the state pension is made more generous, a growing proportion of peopl...

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