Final salary pension schemes facing 'extinction' after credit crunch drives them £100bn into red | Mail Online: "In a sign of the growing pensions apartheid, they say it is only private sector workers who will lose out.
Public sector workers have nothing to worry about. Around 90 per cent have a protected pension, and the Government is controversially ignoring the demands for these generous schemes to be cut back."
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This is Britain, but the same dynamic is at work here. Public employees often have their pension benefit levels guaranteed by their state constitution.
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