YOU'RE ON YOUR OWN
How policy produced Britain's pension crisis
By Peter Morris & Alasdair Palmer. Civitas. 147 pages. £8.00
ISBN 978 1 906 837 310
There is undoubtedly a problem with pensions. You don't have to search very hard in your newspaper to find some reference to the difficulties the government is having in persuading its employees to accept less pension.
In the private sector also, employers are closing their Defined Benefit schemes at an alarming rate. Defined Benefit schemes, like most state sector schemes, base the amount of pension you receive on the number of years you have been a member and your salary.
