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Time to start a thread on public sector pensions
Comments
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The difference between the 2 is mostly because:
1. the civil service has been reducing its numbers over the past ~20 years whilst the NHS has been enlarging. Thus they have differing ratios of active members paying in & pensioners taking out.
2. The civil service has a lower employees contribution (~3.5% vs ~6.5%) to make up for its lower salary than the NHS
I love it, civil war has broken out in the public sector
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Just TUPE and default on change of monarch.
Job done within the law.0 -
nomoreboomandbust wrote: »I love it, civil war has broken out in the public sector
Really? Where?0
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