Hutton pension report sparks 12,000-strong teacher protest

In his report last week, Hutton said final salary pensions for public servants were "inherently unfair" and proposed a move towards career average schemes and increased contributions. The government also wants to link public sector pensions to CPI rather than RPI, a normally higher percentage. But the National Union of Teachers says the moves pose an unacceptable threat to members of the Teachers' Pension Scheme. Christine Blower, general secretary of the NUT says the changes proposed by Hutton will lead to a retired teacher on a £10,000 pension being hit by a loss of £35,000 in i...