The net cost of paying public sector pensions in 2009/10 was a little under £4 billion. The cost of providing tax relief to the one per cent of those earning more than £150,000 is more than twice as much. The total cost of providing tax relief to all higher rate taxpayers, on their private pensions, is more than five times as much.

Just saying…

(Information from http://www.taxresearch.org.uk/Blog/2011/03/10/public-sector-pensions-a-response/)

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