Whilst the press focuses on the public sector net debt of £850 billion, however the bigger elephant in the room is the Public Sector gold plated pensions liability of more than £1 trillion that already requires tax payers to fill the gap of near £10 billion per year of that between contributions and benefits that is destined to continue mushrooming ever higher that ultimately risks bankrupting Britain. The bottom line is that the public sector workers contribute 50% less than the pensions provisions made availabel to them, the gap being left for future tax payers to fill. The chancellor announced that John Hutton would provide an interim report on the public sector pensions crisis by September 2010.