PENSIONS

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Conference
2011 National Black Members' Conference
Date
5 August 2010
Decision
Carried

The Government has formed an independent Public Service Pensions Commission to undertake a fundamental structural review of public service pension provision by Budget 2011.

We believe that the fact that private sector pensions are inadequate does not mean that public sector pensions should be. This action if taken will have a detrimental effect on Black Workers and how they make provision for their retirement.

Cutting staff numbers and freezing pay for Black and predominantly low paid means that the contributions going in are going to decrease and the overall gap between pensions out and contributions in is going to increase. Cutting public services and freezing pay is increasing the pension’s problems rather than dealing with it.

In order to dispel the myths around the pensions in the private v. public services, conference calls on the National Black Members Committee (NBMC) to work with the National Executive Council to:

1.Promote the work being done to protect our pensions and negative impact on Black and other under represented groups.

2.Report back to the NBMC 2012 Conference on the work that has been done across the service sectors to protect our pensions.