Gold-plated public sector pensions set to cost every family 1,500

Gold-plated public sector pensions 'set to cost every family 1,500'Last year the net cost of paying the pensions of retired State workers was 8billionThat figure is set to more than double in 2017/18 according to a Treasury watchdog , the net cost of paying the pensions of retired State workers was 8billion. But this figure is set to rocket to 16.2billion in 2017/18, according to the forecast by the Office for Budget Responsibility, the Treasury’s independent watchdog.