Replace Public Sector Pension schemes with a defined contribution scheme 4%/6%
Set up a defined contribution (DC) scheme for all public sector staff along the same lines as most private sector schemes (usually 4% staff & 6% employer contributions - staff can contribute more).
Signatures
123
signatures
Government response threshold (10,000) · 123/10,000
Debate threshold (100,000) · 123/100,000
- 27 APR 2026Petition closedFinal total: 123 signatures
- 27 OCT 2025Petition opened for signatures
Background
All new staff to join the scheme. Current staff transferred with enhanced terms (ie higher employer contributions) to compensate.
Public sector (PuS) pension costs are huge. The private sector (PrS) dealt with this a long time ago, which is why the vast majority of PrS schemes are now DC, not defined benefit (DB).
The Government recently attacked the PrS pension savers by pulling their pension pots into their estates. We think this is unfair when the PuS arrangements, which are vastly more beneficial to the Eee, remain untouched.
This strategy COULD help fill the "black hole" that has been talked about.