Public Sector workers laughing all the way to the bank

Generali

Emy1501 wrote: »

I'm in the private sector and have a final salary pension. I have no problem with public sector works getting one as long as they are affordable and there is enough money to go round. It seems to me there is not though and I'd therefore rather public sector works were paid in line with the private sector and the additional money spent of bringing kids out of poverty, helping the disabled and the elderly etc.

Well that's amazingly publicly spirited of you Emy1501 and good on you.

Unfortunately, my experience is that many public sector workers want to milk the system. Also, as I posted earlier, it seems that the UK Government spends 50% of output but employs 20% of workers which implies they are very inefficient.

worldtraveller

horza wrote: »

Incorrect i'm afraid, to get a full pension they would have had to have started at age 20 not 25 to reach the full 40 years necessary for a full pension pension at age 60.

Correct I'm afraid. If they are 25 years old today (as stated) and started in 2004 (as stated) they would have started at 20.

horza wrote: »

This has nothing to do with the state retirement age that applies to anyone in the UK, no special dispensation for Public Sector Workers as seems to be a commonly held misconception.

No misconception here!

carolt

Generali wrote: »

Unfortunately, my experience is that many public sector workers want to milk the system.

What experience, Generali?

I'd say that's absolutely the contrary of my experience.

Old_Slaphead

LizEstelle wrote: »

Such schemes used to be and should now be the norm. If, through an inability to see the obvious benefits of belonging to strong and active trades unions and similar professional bodies, or perhaps sheer f ecklessness, these people have allowed their own private employers cynically to make a cash saving ditching of what is a reasonable and civilised arrangement, is that the fault of public sector workers?

Are you sure about that ?

Speaking from experience in the manufacturing industry, my company has to compete with cheap Far East imports that the UK customers seem to like. I have to pay for labour, including NI & HP of minimum £7ph - that's 10x the going rate of some of our competitors. To compete we have had to scrap the pension scheme and reduce wages.

Many local firms (unionised and non-unionised) have gone out of business....unfortunately, unlike local councils, we can't simply cover additional costs by putting up prices each year.

I'd really appreciate being provided with a taxpayer subsidised FSP scheme - for every £1 I put in the taxpayer added another fiver.

ses6jwg

donaldtramp wrote: »

Can't be that bright if you went running straight for the public sector eh?
Excellent qualifications? What in? Media studies? History of art or some other nonsense degree?
The public sector seems to be the place all the dregs with no ambition and wishing for an easy life and pension end up.

I didn't go "running for the public sector" at all.

I applied for a variety of jobs in public and private sector got interviews for some and offers for 2, one private one public, went public as it was closer to home

Andy_L

I

worldtraveller wrote: »

I can't understand why you are relating to workers in their 50's that can still retire at 60. As I stated above, a public sector worker, say a teacher, of 25 years of age today, who joined in 2004, can still retire at only 60 years of age with a full final salary pension! It's only in the past 4-5 years that the rules have changed, but only for those entering since then.

Except for the civil service scheme only past service has a retirement age of 60. so you hypothetical 25 year old will have 5 years of pension with a retirement age of 60 and, when he reaches 60, 35 years pension that he still needs to wait 5 years for.

Squish_21

Civil servants lose there jobs too, there has been a 30% reduction in MOD civil servants since 1997 - FACT.
Remember there is a war going on, MOD civil servants are needed more than ever right now - the troops cant fight on the front line without them i.e no food, equipment, vehicles etc.

kriss_boy

These threads always go one way.

A select few with nothing exciting happening in their lives attempting to antagonise others petty, ignorant remarks.

worldtraveller

Squish_21 wrote: »

Civil servants lose there jobs too, there has been a 30% reduction in MOD civil servants since 1997 - FACT.
Remember there is a war going on, MOD civil servants are needed more than ever right now - the troops cant fight on the front line without them i.e no food, equipment, vehicles etc.

:rotfl:

This is one department that needs the slashing of non-jobs immediately! This is largely agreed with by the current Government, the Tories & Lib Dems. There are 85,000 civil servants at the MoD — one for every two active soldiers, the highest level among the Allied nations — and about 50,000 will get a performance bonus this year.

Col Bob Stewart, the former commander of United Nations forces in Bosnia, said he was “absolutely staggered” by the bonus payments. “No civil servant should be getting any kind of a bonus when our country is broke and our troops are fighting for their lives,” he said. :T

They should be ashamed!

Graham_Devon

Generali wrote: »

Unfortunately, my experience is that many public sector workers want to milk the system.

Not too sure about that, it's pretty strong.

Public sector workers are taking what they are offered. Not "wanting to milk the system".

I don't see that many private sector workers turning down expenses, cars, business class travel instead of normal etc etc etc.

So could I also say that therefore private sector workers want to milk the system?

No, I don't think I could.....they are afterall, only accepting what the company offers....and why wouldn't they?

As I have always said in these types of threads. The pension is the single benefit public sector workers have overall.

There are no bonuses, for a large majority there are no christmas holidays, there are no company cars for the major majority, there are no expenses for the majority.

People need to weigh up the pro's and con's of each sector. I agree that the pension is not currently sustainable. But to strip it down and retrospectively change things for these people, when we are spending billions rescueing the private sector, I don't think is all that fair.

The pensions needs looking at for sure.