Government U-turn on pensions

[LuS1fer]

I'm extremely pleased to see the Government has seen sense and allowed those in the public sector to retire at 60 on a final salary pension in line with the agreement we've had all our working lives. Still got 14 years to get there but by hell it will be all the sweeter knowing that I can enjoy five more years of my retirement after giving my pound of flesh. Let's just hope they're still allowing cars when I get there.

[2 Smokin Barrels]

..previous post deleted

[Jaglover]

www.pistonheads.com/gassing/topic.asp?t=215487&f=141&h=0

[shirepro]

A disgrace on every count..

I don't think teachers or nurses need to work until they are 65, because it is a sh1t job with people who largely are ungrateful, but sod the civil servants! I will be there slogging it out, they should too. Pen pushers have hardly been at the 'coal face' yet reap the benefits of those who have been.

Cop out I think, running scared of a show down with the unions and unable to divide and conquer. They should have offered the concession to nurses and teachers, split the power block and made the civil servants swallow hard. There would be no public supporrt for civil servants.


The unions should be ashamed that they have sold out the future of future employees so they can be comfy in their old age. The police federation did this a few years ago, allowing the govt. to take all allowances off new recruits leaving some of them on benefits because the wage was so poor, but they were alright Jack. Now new nurses and teachers wil have extra long careers to pay for those who have cut and run.


Prhaps they could have phasesit it, rather than capitulating.

[alfaman]

ever wondered why your council tax bill grows at about 10-20 % per annum ......

its to pay for the ever increasing pension and early-retirement bill for local public servants , fire , and police etc. etc.

( I wish I could just send a bill to the rest of the town for my (non-existent ) final salary scheme )

[jaker]

alfaman said:

ever wondered why your council tax bill grows at about 10-20 % per annum ...... its to pay for the ever increasing pension and early-retirement bill for local public servants , fire , and police etc. etc. ( I wish I could just send a bill to the rest of the town for my (non-existent ) final salary scheme )

well said that man...

[Mrs trackside]

jaker said:

alfaman said: ever wondered why your council tax bill grows at about 10-20 % per annum ...... its to pay for the ever increasing pension and early-retirement bill for local public servants , fire , and police etc. etc. ( I wish I could just send a bill to the rest of the town for my (non-existent ) final salary scheme ) well said that man...

seconded

[minicity]

LuS1fer said:

I'm extremely pleased to see the Government has seen sense and allowed those in the public sector to retire at 60 on a final salary pension in line with the agreement we've had all our working lives. Still got 14 years to get there but by hell it will be all the sweeter knowing that I can enjoy five more years of my retirement after giving my pound of flesh. Let's just hope they're still allowing cars when I get there.

I'm with LuS1fer.

[alfaman]

shirepro said:

A disgrace on every count.. I don't think teachers or nurses need to work until they are 65, because it is a sh1t job with people who largely are ungrateful, but sod the civil servants! I will be there slogging it out, they should too. Pen pushers have hardly been at the 'coal face' yet reap the benefits of those who have been. Cop out I think, running scared of a show down with the unions and unable to divide and conquer. They should have offered the concession to nurses and teachers, split the power block and made the civil servants swallow hard. There would be no public supporrt for civil servants. The unions should be ashamed that they have sold out the future of future employees so they can be comfy in their old age. The police federation did this a few years ago, allowing the govt. to take all allowances off new recruits leaving some of them on benefits because the wage was so poor, but they were alright Jack. Now new nurses and teachers wil have extra long careers to pay for those who have cut and run. Prhaps they could have phasesit it, rather than capitulating.

Try working in the private sector....... - WE are paying more and more each year in tax to support the "fat cat" public sector pensions time-bomb - while totally unable to obtain a final salary pension ourselves .

wake up and smell the coffee

[anonymous-user]

Mrs trackside said:

jaker said: alfaman said: ever wondered why your council tax bill grows at about 10-20 % per annum ...... its to pay for the ever increasing pension and early-retirement bill for local public servants , fire , and police etc. etc. ( I wish I could just send a bill to the rest of the town for my (non-existent ) final salary scheme ) well said that man... seconded

Thirded.

It's a disgrace that the rest of us have to subsidise ridiculous final salary pension schemes for public sector workers whilst at the same time the chancellor robs private pension schemes of £5 billion per year.

[Bitter'n'twisted]

unrepentant said:

Mrs trackside said: jaker said: alfaman said: ever wondered why your council tax bill grows at about 10-20 % per annum ...... its to pay for the ever increasing pension and early-retirement bill for local public servants , fire , and police etc. etc. ( I wish I could just send a bill to the rest of the town for my (non-existent ) final salary scheme ) well said that man... seconded Thirded. It's a disgrace that the rest of us have to subsidise ridiculous final salary pension schemes for public sector workers whilst at the same time the chancellor robs private pension schemes of £5 billion per year.

Fourthed!

[james p]

Bitter'n'twisted said:

unrepentant said: Mrs trackside said: jaker said: alfaman said: ever wondered why your council tax bill grows at about 10-20 % per annum ...... its to pay for the ever increasing pension and early-retirement bill for local public servants , fire , and police etc. etc. ( I wish I could just send a bill to the rest of the town for my (non-existent ) final salary scheme ) well said that man... seconded Thirded. It's a disgrace that the rest of us have to subsidise ridiculous final salary pension schemes for public sector workers whilst at the same time the chancellor robs private pension schemes of £5 billion per year. Fourthed!

Fifthed

This is the first I have heard of a u turn. The last I heard my pension was still being raided by that Scot for dividends and tax credits. I would welcome a u-turn here but I think it is unlikely!

[anonymous-user]

It made me laugh to hear Blunkett on the radio a while back going on about how people needed to save more for their pensions as they "couldn't expect the government to bail them out".

So who's paying for your pension then David?

[alfaman]

unrepentant said:

It made me laugh to hear Blunkett on the radio a while back going on about how people needed to save more for their pensions as they "couldn't expect the government to bail them out". So who's paying for your pension then David?

Yep Turkeys don't vote for Christmas ...... thats why Parliament will never reform Public Sector pensions.

[superlightr]

james p said:

Bitter'n'twisted said: unrepentant said: Mrs trackside said: jaker said: alfaman said: ever wondered why your council tax bill grows at about 10-20 % per annum ...... its to pay for the ever increasing pension and early-retirement bill for local public servants , fire , and police etc. etc. ( I wish I could just send a bill to the rest of the town for my (non-existent ) final salary scheme ) well said that man... seconded Thirded. It's a disgrace that the rest of us have to subsidise ridiculous final salary pension schemes for public sector workers whilst at the same time the chancellor robs private pension schemes of £5 billion per year. Fourthed! Fifthed This is the first I have heard of a u turn. The last I heard my pension was still being raided by that Scot for dividends and tax credits. I would welcome a u-turn here but I think it is unlikely!

Sixed

w*nkers.

my business rates are doubling - rrr thats nice.

w*nkers.



>> Edited by superlightr on Wednesday 19th October 12:27

[anonymous-user]

superlightr said:

w*nkers. my business rates are doubling - rrr thats nice. w*nkers.

Don't get me started on business rates.

[MilnerR]

sixthed

Welcome to the real world......

I have to admit that essential public service employees (Drs Nurses BiB fire ambulance etc) should be looked after better than they currently are. However the paper clip operatives that seem to spend their working lives making the admin more expensive than that which is being administered don't deserve all the perks they currently get!

[julianhj]

While I hate public sector fat cats, I'm rather torn on the issue. Doesn't matter to me much now anyway as I got fked out of the nice police pension by 2 days! I start on 03/04/06 and the change takes place on 01/04/06. Instead I get the duff 35 year deal, which I'll never be able to work, as you have to retire at 55. Gutted, totally gutted. Never mind. Wkers.

[ian d]

the chances are that by the time these "public" sector workers come to retire, they will no longer be in the "public" sector..ie many of their functions will be private in a bid to ecconomise. (excepting police) this will happen over the next two decades, as governments reign in public spending and try to get the tax burden down from a decreasing tax paying workforce. more trying to take money out from less paying in.

so the days of mega public sector pensions will come to an end...it has to some time.

[Mrs trackside]

I've just read in the Mirror (so it must be true right ) that this will cost EACH tax payer an extra £300 a year. Now I don't know about you, but I'd rather put that money in my own rather paltry pension!