£1.2T public sector pension deficit will never be paid out

£1.2T public sector pension deficit will never be paid out

What happens when all those civil servants who have been promised over a trillion pounds in pension benefits upon retirement, realise they will never be paid out?

Note: The ONS does not include in its public finance statistics, the £1.2T in accumulated public sector pension liabilities (which are contractual liabilities of the UK government).

How will you maintain your living standards in retirement?

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