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Public sector pensions - cpi instead of rpi
in Pensions, annuities & retirement planning
113 replies 29.7K views
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Imagine modern life without public servants - no roads gritted, infact no roads! no schools, no libraries, no benefits, no bins emptied, no crematoriums. So we have uneducated people, living with no roads in a mire of rubbish, buried 10 deep if they are lucky - in fact isn't that the 18th century! Fine you go back there, I'm not. I haven't even started on the hospitals, police, fire, courts, prisons .....
Don't get me wrong, I'm not saying that 'public servants' are overpaid but that the pension is overly generous for the times and, given increased longevity, a completely unaffordable cost burden for future generations.
nb #32 para 2 - imagine life without the private sector - no food, no houses, no cars, no telly, no books etc etc. We all contribute.
Also interesting is this article . My take on it is, provide method for two sets of extreme cuts - the lower set if the unions agree to the pension changes (whatever form they take), with the higher set as the threat of what will happen if they don't agree.
This 'experiment' as it is called is really a reaction to a new reality.
The last Government micro managed the NHS . The target cuture required an abundance of middle manager number crunchers because the old NHS did'nt have a clue how it spent the money. In my experience Medical staff had no performance management skills and many were part of the problem;e,g resisting lengthening operating theatre hours,excessive sickness absence, -playing the 'qualified staff only' argument whenever improvements in process were aired.
The Coalition have correctly now focused on quality of care rather than endless cost centre analysis. Those number crunchers are superfluos but clinical staff still make bad managers.......
The NHS should be cut but start with the Dept of Health,the Regional Health Authorities and especially the PCT's who are merely draining money away from patient care..Sermon ended.
Well obviously as you well know it would involve far more work than I am prepared to put in to demonstrate equivalent private sector jobs, even if there are any, which there aren't. A scale 2 clerk probably does get paid better than in the private sector and those are the ones that everyone always says need more pay. At higher levels for so many jobs there just isn't an equivalent and I would be interested to know for example your opinion on the salary of someone in the private sector with a £1m budget responsibilty, as that was my job.
As you are also no doubt aware, by looking at my old posts, I have in another section pointed out one person in particular where private sector pay would be in the order of 100% more with excellent conditions of service and benefits. I am currently trying to convince said person ( my DH) to stop being a philanthropist, but to become money grabbing like lots of others.
I'm not a great fan of Trades Unions, but leaving the politics out of it, it's long been a principle of theirs that you don't improve the lot of your own members by attacking the pay and conditions of other workers (not the fat cats!) and trying to drag them down. By all means use them as comparators but if all you manage to do is harm another group of workers, you haven't really achieved anything for your own, have you?
Hear, hear. Agree with this and the other poster that said divide and conquer - which we all know is a managerial technique. Well stop being sheep and going along the nicely laid out route by the polictians, but ask - hey wait a minute what about the workers, private and public we are all in the same boat and should unite (pun intended!)only not under under Unite as they are useless.
The public sector is the only division of the country the govt. can control, but they are setting a precedent that private sector managers will no doubt choose to follow.
To those in the private sector looking over the fence at the public sector (and maybe not fully informed of where the truth is) it really does look a bit too good to continue, so Dave is making the most of the public mood - and stoking it up a bit too, with some scare mongering just to keep the momentum going.
It's been a long time coming, according to the papers I read, and Gordon and his tribe didn't have the testicles to even broach the subject - for fear of not being re-elected.
As for pensions, public servants are on very low wages, get very little thanks for the job they do and get no perks. My friend has been to the British open 4 times, the Belgian Grand Prix in the pit lane and to numerous Scotland games, all freebies, he also receives a 10% bonus in june and december, that is 10% of his annual salary. Aberdeen may be unique, i dont know? but a public sector job in this part of the world is hardly a gravy train.