MP's will have areduced the accrual rate just as they are proposing for others.

Yes they do - a final salary scheme with a choice of accrual rates.

Until now the accrual rate for most public sector workers has been 1/80th.

The civil service is already on an accrual rate of 60ths.

"If accrual rates have to be reduced to cut costs it will come as a big shock to the system."

This allows the accrual rate to be improved to 1/54th.

In the civil service scheme, the accrual rate will now be 1/44ths, he says.

This will allow an accrual rate of 1/54th.

These included changes to accrual rates, which determine the amount a pension increases each year.

In addition, an improved accrual rate will increase the cash available by 8 per cent.