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It's disgraceful to speak of "improved offers" and "8%" better when the whole thing is a dictatorial reduction in pension payouts, pensions that have been paid for by the recipients and are affordable in the scheme.

The only acceptable solution is a return to the preposal situation, no increases in contributions or retirement age, no change from RPI to CPI increases and allowing people to retire when they feel they can afford it, not making them stay at work and denying them their pension until they are 66.

Furious? I should say so.