Public sector pension payments hit record £56billion as system labelled 'unsustainable'
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Public sector pension payments hit record £56billion as system labelled 'unsustainable'.
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Public sector pension payments reached a record £56billion during the 2025-26 financial year, placing a substantial burden on British taxpayers.The annual cost has effectively doubled over the past 14 years, rising from £27.8billion in 2011-12 to £56billion in 2025-26, Treasury figures released today show.For households across Britain, the expenditure equates to around £2,000 per home, based on the country's 29 million households.The cost is also expected to continue rising, with projections indicating the bill will increase by a further £2.6billion during the current tax year.
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TRENDING Stories Videos Your Say Most recipients spent their working lives in the NHS, schools, the Civil Service or the Armed Forces.Payments increased by more than £1billion compared with the previous financial year alone.Baroness Neville-Rolfe, a former minister who has long called for changes to public sector pensions, said the current arrangements required urgent review.She said: "I have campaigned for a...
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