Public sector wellcome to the real world

Andy_L

dunstonh wrote: »

Still a net drain on the public purse.

Surely that depends on how much you value the work they do.

bigjl

Career average would make little difference to most oublic sector as most get as far up the ladder as they are going to within 5 or 10 years.

The simple fact is saying public se tor pensions are a drag on the public purse overlooks the true drains on the public pyrse. The long term unemployed and the uncontrolled immigration of unskilled persons that didn't move to the UK to work but rather to live rather well off the state.

Would you be surprised that the majority of those calling 999 for spurious reasons are also these long term.unemployed and those who have never had any intention of working after coming to the UK.

If the benefit cap was actioned then there would be money for an awful lot of things.

Unfortunately you fail to understand that public sector pensions are paid for out of the budget of the public sectoe involved.

In the same way that private sector pensions are paid for by your employer.

So you are blaming those who have negotiated a decent pension and because your employers have put profit before staff benefits you have the !!!!.

It is no more than jealousy.

Nobody ever said you can't work for the public sector. Or where you turned down at interview or assessment stages.

Don't worry though the public sector will be getting privitised soon, so as to ensure there is enough money to pay for the bloated welfare state.

The only reason public sector workers know this is that they see it every day.

Don't moan at us moan at you directos and the share holders as they are the ones who are profiting from your lack od pension benefits.

Won't be long till all NHS Trust are Foundation Trusts so if i was you i would get some private health insurance as in this country you will soon have a long wait for treatment.

Perhaps it would be better if you weren't falling for the rubbish you are being fed by the press and politicians. Why would they want you to know the truth anyway?

Much better to divide and rule as they know well that if we all stand together they will have so sort out the benefit underclass.

But that underclass is now so big that it is now one of the most important groups to.consider at election time as they have twice as many kids than those in work who only tend to have one or two.

So carry on having a pop.

Though one thing, when i was self employed i had an accountant and never paid any significant amount of tax. Though i have regularly had tax and NI deductions of £1500 in a month working for the NHS.

cyclonebri1

bigjl wrote: »

The long term unemployed and the uncontrolled immigration of unskilled persons that didn't move to the UK to work but rather to live rather well off the state.

Would you be surprised that the majority of those calling 999 for spurious reasons are also these long term.unemployed and those who have never had any intention of working after coming to the UK.

Jeusss chap so who is your venom aimed at?????. You really are dragging every racial, class and ethnic issue into what is a simple disscussion about public/private enterprise.


Ive just edited this thread to repeat what I said,

You really are dragging every racial, class and ethnic issue into what is a simple disscussion about public/private enterprise.

ILW

If it wasn't for the "underclass", much of the public sector would not have jobs.

Koicarp

bigjl it looks as if you are saying that you pay large pension contributions because of avc and the 100 hours per month overtime which (you infer) you regularly carry out. For that to be possible you would have to work 5x12 hour shifts per week and 6x12 hour shifts every 4th week (I think). You do this routinely? really? for years? This would not be allowed in any NHS trust in which I've worked, because we know that staff make many more errors when working such long periods. Which is why we have taken on many of the roles traditionally carried out by doctors, to enable the reduction in doctors working hours which has taken place over the last few years.

Having been a bricklayer for a few years and now working as an NHS nurse, I can tell you I find working as a nurse far more tiring due to the concentration required over long periods to do your best for your patients.

You then (I think?) go on to say that you are disabled because of your work, and that you are not capable of carrying out the job any more- have I got this correct?

cyclonebri1

This thread has touched a nerve with bigJ

I don't understand his reactions at all?????

jamesd

Debbie_A wrote: »

The "final straw" for me is the increase in retirement age. Teaching is physically and mentally draining. Please don't misunderstand me: I love my work, but I cannot envisage being able to go on beyond age 60. What is more likely is that I end up on long term sick from my late 50s to late 60s.

You could try what I'm doing: making personal pension and S&S ISA payments to allow me to retire earlier than I could if I wasn't paying in as much as I do.

Debbie_A_3

jamesd wrote: »

You could try what I'm doing: making personal pension and S&S ISA payments to allow me to retire earlier than I could if I wasn't paying in as much as I do.

Hi James,
Don't worry, I am doing just that. My comment about going on long term sick was made in frustration. It is true that I might be "past it" as far as teaching is concerned, but I should have enough funds to support myself and my family. Firstly, I am fortunate enough to have 20 years built up in the old scheme that will/should pay out at 60. Secondly, I am contributing to a S&S ISA and SIPP each month. I started investing many years ago, but stepped things up when I cleared my mortgage a couple of years ago.

But I worry about my colleagues, especially the younger ones who have five figures of student debt, huge mortgage debt, and have much poorer pension schemes than I enjoyed for 20 years.

Debbie

Prudent

Hi Debbie, I am in a similar position to you. I have a rare neurological disorder and at 45 am finding the strains of teaching really tough. I have lived very frugally for the last 10 years in order to fasciliate winding down from this year by going to a jobshare and then having enough to retire at 60. Now I am having to remain full time to sustain the extra retirement contribtions to the work pension and my private one. The loser may well be the tax payer if my health totally collapses as I will have to apply for ill health retirement. Before anyone shouts me down - yes I have tried to help myself and have allowed myself under 40% of my salary to live on to try and fund my original plan. This is funded by savings, investments and private pension.

How does taking the existing pension at 60 work? My OH works for Royal mail and when his scheme changed the option to retire at 60 was still there for existing workers. He can take the full amount accurred under old scheme at 60 and a reduced amount from the new scheme. Just wondering if it works the same for us?

jem16

Prudent wrote: »

How does taking the existing pension at 60 work? My OH works for Royal mail and when his scheme changed the option to retire at 60 was still there for existing workers. He can take the full amount accurred under old scheme at 60 and a reduced amount from the new scheme. Just wondering if it works the same for us?

The idea is that whatever you have built up before the changeover will remain. So if you have 20 years you would be able to retire at age 60 with 20/80ths.

You would then have a choice of either taking the rest that you have built up in the new scheme at age 60 also but it would be actuarially reduced, probably by about 5%pa, because you are taking it early. Or you would be able to leave that part until age 65 and take its full value.