Civil Service Unions have said that all the measures being put forward against Civil Service pensions are useless as they believe that they are affordable.
The government is currently renewing all public service pension schemes in a bid to try and find a way to make them more affordable to the taxpayer. But unions say that cuts made back in 2007 were enough to make the schemes affordable and any more cuts would have huge implications on workers pay.
The review which is being lead by former Labour Pensions Minister is due to report back before Christmas.
The unions have put forward evidence to the panel of investigators taken from the Treasury and National Audit Office showing, they say, that “the civil service pension scheme is both affordable and sustainable in the short, medium and long term.”
Despite the evidence the Coalition government seem set on their views that the pensions are far too expensive to keep in their present from and that they should not be exempt from current cuts that are taking place.
Figures compiled independently suggest that the pension schemes cost as little as 0.3% of the UK’s gross domestic product a figure that they believe will be the same for the next 50 years.