Bexley council set to save £1 million after Public Sector Pensions review
PUBLISHED: 12:31 28 October 2010
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The Hutton Review into public sector pensions, commissioned by the coalition government, is expected to eventually save Bexley council £1 million a year. It is expected the recommendations by the ex-Labour cabinet minister John Hutton, which are due in March, will push staff contributions two or three percentage points. The pay freeze across council workers is expected to be roll forward to next year too. Councillors already have a four year freeze on their allowances, as promised by the Conservatives at the local election in May.
The cuts proposals by Bexley council are for three years even though the Comprehensive Spending Review is for a four year period and Bexley’s Director of Finance Mike Ellsmore admitted that the challenge now is to work on cuts for the fourth year.
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