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Public Sector Pensions
Arcaine
Posts: 309 Forumite
Just a quick poll on Public Sector Defined benefit pension scheme funding.
Please remember other opinions are available.
Do you think public sector pension deficits should be made up with tax receipts 84 votes
Yes
44%
37 votes
No
55%
47 votes
0
Comments
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5-0 against at the moment, just wait til the Public sector workers start to log on and vote on Monday morning."There's no such thing as Macra. Macra do not exist."
"I could play all day in my Green Cathedral".
"The Centuries that divide me shall be undone."
"A dream? Really, Doctor. You'll be consulting the entrails of a sheep next. "0 -
Why no option for a mix of tax funding, benefit reductions and employee cost sharing?0
-
It depends.
Anyone who has been working for the government has been promised a defined benefit contribution pension and I can't see that the government should go back on that. But going forwards we should probably move towards a defined contribution scheme, or ensure that it is in some way funded.0 -
Spartacus_Mills wrote: »5-0 against at the moment, just wait til the Public sector workers start to log on and vote on Monday morning.
.... like it, very cheeky!!! :rotfl:0 -
I'm not a public sector worker and I voted for.
How else do you think public sector workers are going to be paid the pensions they signed up to and were promised as part of their pay deal?0 -
The deficit is only for local government workers. If you work for central government your pension isn't funded in advance.I'm not a public sector worker and I voted for.
How else do you think public sector workers are going to be paid the pensions they signed up to and were promised as part of their pay deal?
They'll end up joining the other unsecured creditors unfortunately. The British taxpayer can't afford to make up the gap, even if punitive taxes are introduced for unpopular people like bankers and politicians.0 -
Just tax pensions on annuity payments.
Problem sorted.0 -
Obviously some dishonourable people on here who believe that employment contracts should be broken, where next the £50k promise on bank accounts or defaulting on our govt debt?'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0
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