Top civil servant grabs £2.3m pension

Adrian Holliday

Top 58-year-old civil servant Sir Gus O'Donnell is retiring early. But if you had amassed more than £2.3m in your taxpayer-funded pension pot, you might be tempted to cut and run ahead of schedule. Especially as the government is shortly hiking the retirement age for both men and women while urging public sector workers to pay more into their own pension. Substantially so, in some cases.