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MHK's pension warning

by isleofman.com 22nd March 2007
The Manx Treasury is 'digging into its big pensions hole', according to Rushen MHK and former accountant Juan Watterson

He says says there will be a ?100 million increase in public sector liabililty for pensions this year, dwarfing what the Treasury Minister promised the pension reserve for public sector employees in this week's budget.

Mr Watterson (pictured) says such shortfalls are an historic problem and need to be properly addressed:








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Posted by isleofman.com
Thursday 22nd, March 2007 01:53pm.

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