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Last Updated: Tuesday, 18 October 2005, 11:24 GMT 12:24 UK
Deal on public sector pensions
Trade unions and the government have agreed a deal over the future of several public service pension schemes.

The TUC says the government has dropped its suggestion that current members of the health, civil service and education schemes should retire later, at 65.

In exchange the unions have accepted that a higher retirement age will be phased in for new staff.

The TUC said the agreement was a "sensible compromise" which meant that pensions promises would not be broken.

More later.


SEE ALSO:
Retired men 'will live until 90'
29 Sep 05 |  Business
Up pension age to 69, report says
23 Sep 05 |  Business
Union chief attacks pension plans
14 Sep 05 |  UK Politics
Q&A: Raising the state pension age
27 Sep 05 |  Business


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