Review - Pensions

    October 2010

    On Thursday 7 October 2010 the independent Public Service Pensions Commission, chaired by former Labour Secretary of State for Work and Pensions John (now Lord) Hutton, published its interim report. The Commission has been tasked with undertaking a fundamental structural review of public service pension provision and recommending how public service pensions can be made sustainable and affordable in the long-term, fair to both the public service workforce and the taxpayer and consistent with the fiscal challenges ahead.

    In the first stage of his review Hutton intended "to set about identifying the problem and establishing the framework for solutions", with the full report (expected in time for Budget 2011) due to recommend long-term solutions. The Commission also looked for immediate cost-saving measures to feed into the Comprehensive Spending Review (due on 20 October 2010).