Brown to surrender 'gold-plated' pension

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Gordon Brown has backed recommendations for MPs to surrender their ‘gold-plated' pensions.

A review by the Senior Salaries Review Body recommends cabinet ministers surrender their right to claim a pension of half their salaries on leaving their office in favour of taking it at the state standard age 65. Brown also hopes the Government will vote for a 1.9% pay rise in two stages, eventually bringing it to the report’s recommended 2.56%. The news follows Conservative Party leader David Cameron’s call earlier this week for the Government to abolish “very generous” public sector final salary pensions. The Commons will debate and vote on the issues on January 24. To comment on th...

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