But 2007 was before the worldwide recession.
Things have changed dramatically financially since then in terms of what the government can/can't afford to fund via the working population's taxes.
It is great if the cost of public sector pensions is falling because of the 2007 agreement but the events of later years surely mean that things have had to be re-evaluated even further ?
When I started working for example, my state retirement age was set at 60, It was then increased to 65. It has since been moved to 66+ and I fully anticipate that it is likely to be nearer 70 by the time I retire. The government kept coming back for a deeper and deeper cut as far as state pensions were concerned which affects both public and private sector workers. The government reduced returns on pension funds in 1997 when they removed the dividend tax credit reclaim facility. This naturally had no effect on public sector pensions due to the way in which they are funded/paid as defined benefot schemes but it slowed the rate of growth of a private sector pension and resulted in increases in the level of contributions by the private sector workers/increasing the number of years to retirement. Private sector workers have had increased contributions/working longer/reduced retirement benefits as a reality that had to be borne/factored in many years ago.
Public sector workers need to look at the contributions required by private sector workers to achieve the same level of retirement pension and ask themselves if they truly believe it is fair that they pay less or get more and the difference is made up from taxes.
I refer you to various comparision tables in the broadsheet sunday papers today regarding public/private sector workers average salaries/quality of pensions.