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Pension changes given green light

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Pensioners could benefit from The Budget

Pensioners could benefit from The Budget

Pensioners could benefit from The Budget

The reform of public sector pensions has passed in the Assembly, an issue that affects an estimated 216,000 people – around 30% of the Northern Ireland workforce.

They include civil servants, local government officers, teachers, health service workers, prison officers, police officers and firefighters.

The major changes were passed by 77 votes to 13, with the SDLP voting against.

The UK-wide upheaval will mean public sector staff who had expected to retire at 60 or 65 will have to work to 68, and probably receive a smaller pension.

MLAs had been warned that failure to pass the changes would mean a cut by the Treasury of £262m in the block grant.

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