Pension reform scuppers January divorce drive

According to figures from Unite, as many as 12 million people are currently drawing a public sector pension, paying into one, or have paid into one in the past. Buck Consultants estimates that 31,000 public sector workers want to begin divorces but cannot until they know for certain how their pensions will be accrued and paid out, the Press Association reports. The government is currently negotiating with public sector unions over reforms that could include a shift from final salary to career average arrangements, employee contribution increases, later retirement dates and lower payou...