No Image Available

Annie Hayes

Sift

Editor

Read more about Annie Hayes

Public sector chief scoops £2.7m pension payout

pp_default1

Sir Richard Mottram, a top public sector chief, will take home the most generous public sector pension ever awarded, amounting to £2.7m.

Reported by The Telegraph, Mottram, who currently oversees the country’s intelligence and national security policy, will receive a tax-free lump sum of £335,000 and an annual pension of more than £110,000. Annual payouts will rise with inflation, while his wife will continue to benefit after he dies.

Mottram famously hit the headlines in 2001 for his comments after Jo Moore, a special adviser, advised officials to “bury” bad news in the aftermath of the Sept 11 attacks. He was heard saying: “We’re all f***ed, I’m f***ed, you’re f***ed, the whole department is f***ed. It’s the biggest cock-up ever. We’re all completely f***ed.”

According to the report, public sector pensions cost taxpayers about £18 billion a year. Each family pays the equivalent of 91p in tax for public sector pensions, for every £1 they put towards their own retirement plans.

The news has angered commentators. Speaking to the paper, Corin Taylor, of the TaxPayers’ Alliance said: “It’s not surprising that public-sector pension liabilities are so high when senior civil servants receive such enormous sums.”

No Image Available
Annie Hayes

Editor

Read more from Annie Hayes