Armed forces could lose early retirement rights

Soldiers
and police officers may lose the right to retire early after the Treasury
unveiled new plans to cut the cost of public sector pensions.

The
proposed changes could see personnel in the armed forces having to work up to
15 years longer before receiving a pension.

Staff
working in dangerous occupations such as the fire brigade or the armed forces
are currently allowed to retire early, but the report suggests this could end
by 2005.

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Gordon
Brown hopes to save as much as £4bn a year through the cutbacks.

By Ross Wigham