BBC Pension - is this for real?
BBC Pension - is this for real?
Author
Discussion

johnfm

Original Poster:

13,751 posts

279 months

Sunday 4th January 2009
quotequote all
From this :
http://www.timesonline.co.uk/tol/news/politics/art...


Comes this:

Abramsky was made a dame in the new year honours list after retiring last year from her job as head of BBC audio and music with a pension pot of £4m, giving her an annual income of £190,000

Now, I do not begrudge anybody success or wealth. If this is, in fact, a private pension where she has made huge contibutions from her own (probably large) BBC salary, then fair enough.

But I cannot help thinking that this £4m pension, returning £190k per year has probably all come out of the license fund.

Not sure how the BBC can continue to ask for more money when they seem to be leaking cash into frankly innappropriate areas.

Since when did people need £190k per year to retire on?

Simpo Two

92,708 posts

294 months

Sunday 4th January 2009
quotequote all
johnfm said:
Since when did people need £190k per year to retire on?
Well hopefully almost 40% of that will go in tax.

Eric Mc

125,607 posts

294 months

Sunday 4th January 2009
quotequote all
johnfm said:
From this :
http://www.timesonline.co.uk/tol/news/politics/art...


Comes this:

Abramsky was made a dame in the new year honours list after retiring last year from her job as head of BBC audio and music with a pension pot of £4m, giving her an annual income of £190,000

Now, I do not begrudge anybody success or wealth. If this is, in fact, a private pension where she has made huge contibutions from her own (probably large) BBC salary, then fair enough.

But I cannot help thinking that this £4m pension, returning £190k per year has probably all come out of the license fund.

Not sure how the BBC can continue to ask for more money when they seem to be leaking cash into frankly innappropriate areas.

Since when did people need £190k per year to retire on?
I wouldn't think it came out of the LICENCE fund, although no doubt there would have been an element of employer's contribution during her working career at the Beeb.

While your having a pop at large pension recipients, the biggest I've seen in my work as a tax advisor are those received by retired BA pilots. I've seen one in the region of £100,000. For most of this chap's career with BA, the airline was state owned (he joined when it was still BEA).

johnfm

Original Poster:

13,751 posts

279 months

Sunday 4th January 2009
quotequote all
Thanks Eric. Did I use the verb form spelling instead of the noun form? I blame Xmas and New Year drinking!

Either way, it seems excessive. I worked in broadcast tv for a number of years. The arguments trotted out by the BBC is that they have to pay these packages to get 'the best people'. If you have ever been involved in any way with the BBC you will know they do not get 'the best people' at all. They get people who would do the job for much much less, as the:

1. Working in tv production usually included large levels of job satisfaction which no amount of money can equate to
2. Working for the BBC carries a certain amount of prestige and, though there are cuts, job security. If you play the political game right, it is a job for life.

The sad fact is that TV is not meritocratic - the ones who get the jobs are, generally, friends of friends. It is how it has always worked and will always work.

I digress, the fact is many of the BBC's highest paid execs are not 'top of the industry', though their pay is.

Fittster

20,120 posts

242 months

Sunday 4th January 2009
quotequote all
If you don't like the BBC rebel!



Campaign to abolish the TV licence



Edited by Fittster on Sunday 4th January 11:42

turbobloke

117,147 posts

289 months

Sunday 4th January 2009
quotequote all
Presumably the tax-free lump sum was fairly tidy too, any accountant care to make an estimate (always assuming she took one)?

johnfm

Original Poster:

13,751 posts

279 months

Sunday 4th January 2009
quotequote all
I do like the BBC. I just think that, like many government/tax funded entities, they can be a bit commercially inept.

I cannot comprehend how they can think, for instance, that £6m/year for Jonathon Ross was ever a commercially sound use of capital.

The BBC should NOT be run as a business, as it has a public broadcasting remit. But at the same time, it should not, therefore, need to compete with ITV for ratings - which is their basis for justifying Ross' outlandish contract terms.

Fittster

20,120 posts

242 months

Sunday 4th January 2009
quotequote all
johnfm said:
I do like the BBC. I just think that, like many government/tax funded entities, they can be a bit commercially inept.
I don't like the BBC, why should I be forced to pay for it?

Eric Mc

125,607 posts

294 months

Sunday 4th January 2009
quotequote all
Fittster said:
johnfm said:
I do like the BBC. I just think that, like many government/tax funded entities, they can be a bit commercially inept.
I don't like the BBC, why should I be forced to pay for it?
What, the whole organisation?

What would British broadcasting be like without it (and I am including radio in this as well as TV)?

Fittster

20,120 posts

242 months

Sunday 4th January 2009
quotequote all
Eric Mc said:
Fittster said:
johnfm said:
I do like the BBC. I just think that, like many government/tax funded entities, they can be a bit commercially inept.
I don't like the BBC, why should I be forced to pay for it?
What, the whole organisation?

What would British broadcasting be like without it (and I am including radio in this as well as TV)?
I don't like the compulsory tax that I'm forced to pay regardless of my means or the use I make of the service. There are certain public service broadcasts such as the shipping forecast which should remain but the rest can go. The commercial sector will pickup any popular programs.

Edited by Fittster on Sunday 4th January 12:02

Percy Flage

1,770 posts

251 months

Sunday 4th January 2009
quotequote all
turbobloke said:
Presumably the tax-free lump sum was fairly tidy too, any accountant care to make an estimate (always assuming she took one)?
Rules now are 25% of the fund, so she could have taken region £1m.

Nice.

DangerousMike

11,327 posts

221 months

Sunday 4th January 2009
quotequote all
you're not forced to pay it at all, you only have to pay it if you use a television to watch television.

Fittster

20,120 posts

242 months

Sunday 4th January 2009
quotequote all
DangerousMike said:
you're not forced to pay it at all, you only have to pay it if you use a television to watch television.
So I have to pay for it even if I don't want or use the service because I own something capable of recieving the service?

Eric Mc

125,607 posts

294 months

Sunday 4th January 2009
quotequote all
Fittster said:
Eric Mc said:
Fittster said:
johnfm said:
I do like the BBC. I just think that, like many government/tax funded entities, they can be a bit commercially inept.
I don't like the BBC, why should I be forced to pay for it?
What, the whole organisation?

What would British broadcasting be like without it (and I am including radio in this as well as TV)?
I don't like the compulsory tax that I'm forced to pay regardless of my means or the use I make of the service. There are certain public service broadcasts such as the shipping forecast which should remain but the rest can go. The commercial sector will pickup any popular programs.

Edited by Fittster on Sunday 4th January 12:02
That's the problem. Commercial TV leads to lowest common denominator TV and much of the quality would go. As it is, my main problem with BBC TV is that is has moved way too close to commercial TV in its programming output and that we are seeing it behave as if it was a commercial broadcaster. It needs to return to some of its Reithian prinicples.

BBC Radio, on the other hand, is still way ahead of most commercial operations, especially Radio 4 and to a lesser extent, Radio 5.

qube_TA

8,405 posts

274 months

Sunday 4th January 2009
quotequote all
DangerousMike said:
you're not forced to pay it at all, you only have to pay it if you use a television to watch television.
But regardless of whether you watch their services or not.

The BBC knows that if they encrypted their channels and made them subscription based then an awful lot of viewers would happily do with out.


turbobloke

117,147 posts

289 months

Sunday 4th January 2009
quotequote all
Eric Mc said:
Fittster said:
Eric Mc said:
Fittster said:
johnfm said:
I do like the BBC. I just think that, like many government/tax funded entities, they can be a bit commercially inept.
I don't like the BBC, why should I be forced to pay for it?
What, the whole organisation?

What would British broadcasting be like without it (and I am including radio in this as well as TV)?
I don't like the compulsory tax that I'm forced to pay regardless of my means or the use I make of the service. There are certain public service broadcasts such as the shipping forecast which should remain but the rest can go. The commercial sector will pickup any popular programs.

Edited by Fittster on Sunday 4th January 12:02
That's the problem. Commercial TV leads to lowest common denominator TV and much of the quality would go.
The parallel problem is that State-owned TV, when the State is heavily into control freakery and politicisation, will inevitably pack itself with State sympathisers who want State sanctioned largesse to continue, and then broadcast on behalf of the State. Otherwise known as a propaganda machine. Any Charter supposedly in operation is an impotent object of derision and always will be without bilateral orchidectomies and the female equivalent, pensionectomy.

Edited by turbobloke on Sunday 4th January 12:16

Deva Link

26,934 posts

274 months

Sunday 4th January 2009
quotequote all
johnfm said:
From this :
http://www.timesonline.co.uk/tol/news/politics/art...


Comes this:

Abramsky was made a dame in the new year honours list after retiring last year from her job as head of BBC audio and music with a pension pot of £4m, giving her an annual income of £190,000

Now, I do not begrudge anybody success or wealth. If this is, in fact, a private pension where she has made huge contibutions from her own (probably large) BBC salary, then fair enough.

But I cannot help thinking that this £4m pension, returning £190k per year has probably all come out of the license fund.

Not sure how the BBC can continue to ask for more money when they seem to be leaking cash into frankly innappropriate areas.

Since when did people need £190k per year to retire on?
My SIL recently took early retirement from the NHS where she was something senior in HR. Senior people have a deal (which I gather has changed for new entrants) that they have to be offered redundancy if their jobs changes even if there's a similar job they could do.

So as she's got her 30 years in, they pay into her pension pot as if she had worked until normal retirement so she draws her full pension. But, she's also back doing basically her old job on a consultancy basis, so she's now earning more (way more) than before she "retired". And she's been told by others that the daily rate she's charging isn't enough - it's showing them up.

Fittster

20,120 posts

242 months

Sunday 4th January 2009
quotequote all
Eric Mc said:
That's the problem. Commercial TV leads to lowest common denominator TV and much of the quality would go. As it is, my main problem with BBC TV is that is has moved way too close to commercial TV in its programming output and that we are seeing it behave as if it was a commercial broadcaster. It needs to return to some of its Reithian prinicples.

BBC Radio, on the other hand, is still way ahead of most commercial operations, especially Radio 4 and to a lesser extent, Radio 5.
To me the fundamental question is should the state impose a compulsory tax on me so that it can provide me with entertainment, which I may or may not consume. I don't think that is the role of the state.

The quality of the broadcasting of the BBC compared with its commercial rivals is a side issue.

funk odyssey

1,983 posts

258 months

Sunday 4th January 2009
quotequote all
Fittster said:
Eric Mc said:
Fittster said:
johnfm said:
I do like the BBC. I just think that, like many government/tax funded entities, they can be a bit commercially inept.
I don't like the BBC, why should I be forced to pay for it?
What, the whole organisation?

What would British broadcasting be like without it (and I am including radio in this as well as TV)?
I don't like the compulsory tax that I'm forced to pay regardless of my means or the use I make of the service. There are certain public service broadcasts such as the shipping forecast which should remain but the rest can go. The commercial sector will pickup any popular programs.

Edited by Fittster on Sunday 4th January 12:02
and there's the problem --- the commercial sector will chop up the shows, putting in adverts in inappropriate place (any advert is unwelcome!) and panda to the LCD.

take a look at tv in the USA if you think commercial TV is the way forward

Eric Mc

125,607 posts

294 months

Sunday 4th January 2009
quotequote all
funk odyssey said:
Fittster said:
Eric Mc said:
Fittster said:
johnfm said:
I do like the BBC. I just think that, like many government/tax funded entities, they can be a bit commercially inept.
I don't like the BBC, why should I be forced to pay for it?
What, the whole organisation?

What would British broadcasting be like without it (and I am including radio in this as well as TV)?
I don't like the compulsory tax that I'm forced to pay regardless of my means or the use I make of the service. There are certain public service broadcasts such as the shipping forecast which should remain but the rest can go. The commercial sector will pickup any popular programs.

Edited by Fittster on Sunday 4th January 12:02
and there's the problem --- the commercial sector will chop up the shows, putting in adverts in inappropriate place (any advert is unwelcome!) and panda to the LCD.

take a look at tv in the USA if you think commercial TV is the way forward


I agree.

In theory, the BBC isn't "state owned" and should resist any state interference. Whether it does or doesn't is a matter of conjecture but the argument should not ride on scrapping the BBC, but rather ensuring that there are enough safeguards and integrity within the structure to keep government interference at bay.

As it is, can you be sure that there is no interference in commercial broadcasting operations either?