My officials and I have engaged with public service pensioners regarding public service pensions issues through meetings with the Alliance of Retired Public Servants, ARPS.
Over the past few years, the interests and concerns of public service pensioners have been regularly articulated in those meetings. Through this process of engagement, I believe that public service pensioners have had, and continue to be afforded, a meaningful and direct means of articulating their concerns on pensions and related issues. The Deputy should note that two of the three bodies mentioned in the details supplied are members of this alliance. It is my intention to make arrangements for further engagement with the alliance in the near future.
A number of developments are in progress that directly address pensioner concerns.
First, there has been a significant further lessening of the public service pension reduction, PSPR, which was imposed on pensions under the Financial Emergency Measures in the Public Interest, FEMPI, Acts. When fully in place from January 2020, the PSPR amelioration measures will mean that the vast majority of public service retirees, 97%, will be entirely free from the PSPR.
Second, for the duration of the current wage agreement the Government is committed to a conditions-bound return to the non-statutory pensions increase policy known as pay parity. This means that, in general, individuals who retired after 1 March 2012 will qualify for increases while, as the agreement progresses, a greater proportion of pensioners who retired before that date will also qualify.