‘Excessive’ pensions to be cut
17/12/2008
Up to 100,000 pensioners may have been overpaid by a private company for years, it has emerged.
Responsible for about 5% of all public sector pensions, the company in question may have been overpaying pensions for decades.
According to The Guardian, Chancellor Alistair Darling has clarified that the pensioners affected would not be required to repay the excess money they’d received – but that future payments would have to come down to the correct level.
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