PSPA chair holds administrations of 80s and 90s responsible
"Everybody took their eye off the ball."
That's the belief of the chair of the Public Sector Pensions Authority regarding the PSP legacy funding gap.
Jerry Carter says the nub of the problem dates back to the 1980s and '90s.
That's when, he says, there was plenty of money around and the government at the time was offering very good packages in order to attract top professionals to work here: (play audio)
Government plans to withdraw interest from reserve fund no longer required
Higher than expected income tax receipts mean it's not necessary
Medical cannabis should be 'holistic', says pharmacistÂ
Drug has 'useful benefits' but isn't 'the be-all and end-all'
Peel Commissioners not adding 'discretionary' one percent increase to social housing rents
It reviewed rent arrear levels and 'escalating' food costs when making the decision
New organ donation laws set to come into force in coming weeks
It follows Tynwald approval of new measures earlier this year