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Public Sector Pensions
Comments
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This is a stupid thread, created by stuoipd people for stupid people and used by stupid people.
If you're going to come on a debating board, wouldn't it make sense to understand the principles of debate, rather than name calling all the time?Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
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vivatifosi wrote: »If you're going to come on a debating board, wouldn't it make sense to understand the principles of debate, rather than name calling all the time?
The principle of debate is to argue reasonably, which is something that too many people here have forgotten to do. Posting a poll on this subject is plainly ridiculous because it's not a matter for public referendum but govenrment decision making.0 -
This is a stupid thread, created by stuoipd people for stupid people and used by stupid people.
Bit of an own goal there Mark
'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 -
Thanks for answering in a reasonable tone (ie not insulting me) mark.
It is not unusual around here to have 'themes' that come and go. At the moment pensions are in the news, so they come under the spotlight. Sometimes its MP's expenses, sometimes its bankers, oddly its sometimes houses... Often the threads get paired with a survey which many regulars won't even answer. ETA: One of the problems with name calling is that there are some that will come on purely to goad you, once they know where your achilles heel lies.
I didn't answer the survey because I feel the issue is more complex than presented, however I still feel its worthy of debate and it is something I'm personally passionate about, as both a public sector employee and a trustee of a (private sector) DB scheme.Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
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harryhound wrote: »So you just inflate the problem away.
Just like Argentina and the 1970's (and now).
Result penny less public sector workers selling their possessions and hunting in waste bins.
Just check out the former USSR and its empire.
I thought they were index linked?'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 -
I thought they were index linked?
Most that I know of are index linked to a ceiling, say 5%...Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
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harryhound wrote: »I'm retired private sector on a pension of less than 1K a month and at retirement I used to get 5 weeks holiday - but my company pension fund is in deficit.
That sounds better than most (including public sector) depending how old you are, does that include state pension? I guess you will also receive enhanced free of tax allowance £9490, help with fuel payments, prescription, free bus pass etc,etc,etc and probably no mortgage.'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 -
vivatifosi wrote: »Most that I know of are index linked to a ceiling, say 5%...
I am in a private sector pension with a ceiling of 7%.'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 -
I am in a private sector pension with a ceiling of 7%.
I don't know what the ceilings of all schemes are (sounds like you got a better deal than me
), but I think the inflation that people are hoping for would be above this, of the order that was experienced in the 1970s and 1980s. Didn't it peak at something like 25%? Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
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vivatifosi wrote: »I don't know what the ceilings of all schemes are (sounds like you got a better deal than me), but I think the inflation that people are hoping for would be above this, of the order that was experienced in the 1970s and 1980s. Didn't it peak at something like 25%?
That sort inflation level would require large wage rises to impose itself, it is not on the agenda as far as I can see.'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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