At the time, there was little resistance as the reforms skirted the more sensitive areas of public sector pensions. Two years later, however, in November 1995, France was crippled by a three-week ...
France's Prime Minister Francois Bayrou on ... Bayrou said the 2025 public-sector deficit target was now projected at 5.4 percent of gross domestic product (GDP), against five percent targeted ...
Second, in relation to public sector schemes, including USS, most of their funding originates from the taxpayer who ultimately pays for salaries and pension contributions. All pension funds also ...
The new prime minister of France has announced he will renegotiate ... guarantee financing and the “financial balance” of the pension system is maintained. The plan to raise the retirement ...
Nigel Farage has demanded stringent measures against what he called public sector pension "Ponzi schemes" following revelations that council tax revenue is heavily financing staff retirement funds.