India has lessons for UK in PSU pension reforms

The UK can actually learn some lessons from India, at least in one area of financial sector reforms —the politically sensitive area of pension reforms for govern-ment employees. Despite heavy political odds, the Indian government has been successful in laying down a system which entails shifting from defined benefits (DB) to a defined contribution (DC) system.

The Financial Express
http://www.financialexpress.com/news/
India-has-lessons-for-UK-in-PSU-pension-reforms/254199/