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Contribute more to our pensions now, says MLC

by isleofman.com 12th March 2012

Tynwald members' pension contributions don't need to be phased in.

That's the belief of MLC David Callister.

Later this month, Tynwald members will decide whether to accept the recommendations of the first report of the Standing Committee on Emoluments.

It says contributions towards participation in the Tynwald membership pension scheme should be introduced as a matter of urgency from the beginning of April.

However, it suggests the five per cent contributions should be phased in with a starting level of three per cent.

Mr Callister isn't convinced this is necessary.

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Posted by isleofman.com
Monday 12th, March 2012 08:00pm.

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