A motion on reform of public sector pensions due to be debated in Tynwald this week has been deferred until the June sitting to allow Members more time to consider the issues.
John Shimmin MHK, vice chair of the Public Sector Pensions Authority, explained: ‘It has become apparent that some Members are uncomfortable with Government’s proposals to address the sustainability of the Island’s public sector pension schemes.
‘Deferring the matter until the June sitting of Tynwald will allow further opportunities, on top of the extensive discussions that have already taken place, for Members to clarify their concerns and any additional or alternative approaches they may have.’
Mr Shimmin added: ‘This is a huge and difficult issue – the most important domestic challenge facing our Island – and it is essential that we move forward on the basis of clarity and consensus across the Tynwald Membership.’
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