Issue - 1809
Dated - 20 Jul 2002
Future generations sentenced to poverty

"THIS COULD lead to the biggest pensions rip-off in history." That was the reaction last week of GMB union leader John Edmonds to the report on pensions prepared for the government by Alan Pickering. It says workers will face either a cut in pension income or benefits or both unless they pour even more of their wages into company schemes. Pickering says this move is justified because such benefits are "bells and whistles".

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