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CoMin to action pension scheme reform

by isleofman.com 21st May 2008
The Council of Ministers is going to progress a plan of action when it comes to streamlining the Isle of Man's public service pension schemes.

Tynwald agreed with the broad principles set out by an independent Glasgow firm which carried out a review of the Island's 19 different public sector schemes.

It concluded schemes should be simple to understand, affordable and administered by reference to best practice to avoid wasting money unnecessarily.

There were calls for a Tynwald select committee to consider the review of Hymans Robertson and report back by December.

But Chief Minister Tony Brown (pictured) says he doesn't believe that is necessary:
Posted by isleofman.com
Wednesday 21st, May 2008 09:21pm.

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