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‘Rainy day’ money: Why using cash reserves is not the answer to plugging the pension shortfall

Amid the headlines that cash-strapped forces are ‘sitting on’ £1.4bn in reserves and calls from the Police Minister to dip into these reserves to plug the pensions’ gap, former GMP ACC and CoPaCC Director Ian Wiggett explains the picture surrounding forces’ use of reserves is far more complicated.

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