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Liberal Democrat
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Private and public sector pensions
Private and public sector pensions
More than 60,000 workers worked for companies that have gone out of business leaving insufficient money in their pension funds. We will bolster the government’s compensation scheme to make sure that these workers are compensated at the same level available under the new Pension Protection Fund. Unlike Labour, we will give proper time for consultation before making changes to existing public sector pension schemes, and we will honour the entitlements already built up.