Number of public sector pensioners on £100k trebles in seven years

Critics say it’s unfair on younger workers who must fund such generous payouts as well as paying more for their own retirement

The number of people in the public sector’s largest pension schemes retiring on incomes of more than £100,000 has more than tripled in the past seven years, according to figures obtained by a charity promoting intergenerational fairness.

Pensions schemes covering the NHS, the civil service and the teaching profession were paying six-figure incomes last year to 375 retirees, up from 117 in 2010. Those in receipt of pensions higher than the UK’s average annual salary of about £28,600 also increased by 46% – up from 78,000 in 2010/11 to 115,000 in 2017/18.

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from The Guardian http://bit.ly/2vTY8zg