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Strong Response to Pensions Consultation

by isleofman.com 7th August 2009

Government's consultation on the future of public service pensions in the Isle of Man has attracted nearly 800 responses from a range of interested parties, including pension scheme members, trade unions, businesses and members of the public.

 

The extended six-month exercise, that included over 50 presentations and which closed last Friday, has drawn extensive feedback.

 

The responses will now be carefully evaluated so that the Council of Ministers can consider a way forward to be recommended to Tynwald.

 

Chief Minister Tony Brown MHK commented, "The purpose of this consultation was to gather views and information on how Government can secure the future of public service pensions in a way that is suitable for all stakeholders in the Isle of Man.

 

"On behalf of Government, I would like to thank everyone who has taken part, and give an assurance that all submissions will be taken into account as we consider options for the next steps."

 

The consultation, on proposals from consultants Hymans Robertson, followed Tynwald approval for the progression of plans for a unified public service pension scheme that would be simple and affordable.

Posted by isleofman.com
Friday 7th, August 2009 04:21pm.

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