THE Whitehall mandarin in charge of squeezing state pensions has a taxpayer-funded pot of his own worth £3million.
Top-paid civil servant Sir Robert Devereux, 60, will get a £245,000 lump sum and £85,000 a year when he retires as permanent secretary at the Department for Work and Pensions.
The revelation comes after plans were unveiled to make ordinary Brits work longer before they get a state pension.
Anyone currently under 47 will have to carry on until 68.
An official report days ago said Sir Robert had a £1.8million retirement package.
But that was yesterday exposed as a gross underestimate.
Experts calculated that a private sector employee would need a pot of £3million to match his terms.
Paul Johnson, director of the Institute for Fiscal Studies, said pensions for top civil servants were notoriously “immensely valuable”.
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He accused the UK of being “too keen to sacrifice the future interests of the young in favour of the accumulated rights of the old”.
Another penpusher set for a £245,000 lump sum and £85,000 a year is Foreign Office chief Sir Simon McDonald.