Strikes to go ahead

CLAPTON

well

the independent quotes the following figures

all the usual caveats apply of course

average pension for the armed forces £7,987
average for health workers £4,087
average for teachers £10,275
average civil servant £5,023
average fire service £13,193
average for MPs £21,364


which ones would we want to cut and by how much?

ILW

CLAPTON wrote: »

well

the independent quotes the following figures

all the usual caveats apply of course

average pension for the armed forces £7,987
average for health workers £4,087
average for teachers £10,275
average civil servant £5,023
average fire service £13,193
average for MPs £21,364


which ones would we want to cut and by how much?

The figures are meaningless unless they include length of service and amount of contributions.

Really2

beecher2 wrote: »

I think it is from the TUC's 'Work your Proper Hours Day' stats, though it is from 2010
http://www.tuc.org.uk/workplace/tuc-17614-f0.cfm

The part of that data I found odd was that 46.1% of teachers do not do any overtime at all.

CLAPTON

ILW wrote: »

The figures are meaningless unless they include length of service and amount of contributions.

as I said, they include all the usual caveats

however the debate seems to be partly about 'sustainability' and can we 'afford it' and partly about 'fairness'.

the 'burden ' on the taxpayers doesn't look too outrageous although the matter of fairness still stands of course.

beecher2

Really2 wrote: »

The part of that data I found odd was that 46.1% of teachers do not do any overtime at all.

They're the honest ones who might do 2 hours worth of work in the evening. In the schools I've worked in, some try to out do each other with outrageous stories of how hard they work, and how they are up until 3 am working. It is a mangement issue really.

Really2

CLAPTON wrote: »

as I said, they include all the usual caveats

however the debate seems to be partly about 'sustainability' and can we 'afford it' and partly about 'fairness'.

the 'burden ' on the taxpayers doesn't look too outrageous although the matter of fairness still stands of course.

Well the numbers employed are the major factor not necessarily the amounts.
Even if you got rid of MP's pensions completely and distributed the cash to all the others in the public sector what kind of impact would it make?
I make it about £2.20 for everyone in the public sector.

So the argument for change is a good one, the amount of difference it will make is minute.

lostinrates

FTBFun wrote: »

I somehow doubt this is accurate. Workers in City law firms and banks are renowned for working incredibly high amounts of overtime.

A friend of mine worked for 9 months in an investment bank before he quit, and despite being contracted the usual 35/40 hours a week, he generally worked - as a minimum - 8am to 2am every weekday, and sometimes on weekends. This is pretty much par for the course in that sector.

BTW I'm aware of the whole bonus thing, but this isn't necessarily based upon the actual hours spent working.

City law firm bonuses are not quite the same as City Bankers'.

But yes, the hours are long and unpredictable. Unlike our teacher friends who might know they have x club or a timetable for the term ahead for some planning DH gets little notice. Longs days are the norm, but tbf, often they can get in a little later if they stay a little later, workload and firm permitting. They work in international areana, so can be on call 24 hours a day, when they are the mid point between a deal that spans, say, Japan to NYC..the working day starts before breakfast and ends...well, it depends The main benefit of a teachers timetable over a city workers one, IMO, is the relative predictability. However, this is a life choice made on balance of other things. If, for example, pay changed I do think he'd review priorities. I do not think he'd get far though! (of course post criunch thats exactly what happened, conditions changed, pay conditions also changed to reflect that)

It seems to me there is scope for conditions of work improvnment for many...but I am a bit uneasy about the word ''fair'' being used atm by everyone: I'm not sure any result is ''fair'' to everyone.

StevieJ

Looks like the Govt have mobilised the full force of the Tory press today

Just one question, if only around 34% of private sector employees are in a workplace pension and obviously some (but I wouldn't have thought many) would have a private pension, the balance are obviously going to be fully funded out of the public purse. What is the difference if it comes as a public sector pension or a state handout?

Government figures show in the private sector, 39% of male employees and 28% of female employees belonged to a workplace pension scheme in 2010.
In the public sector, male employee membership of workplace pension schemes was 87% while female employee membership stood at 82%

http://uk.finance.yahoo.com/news/Public-Vs-Private-Who-Gets-skynews-3684708969.html?x=0

Really2

StevieJ wrote: »

What is the difference if it comes as a public sector pension or a state handout?


http://uk.finance.yahoo.com/news/Public-Vs-Private-Who-Gets-skynews-3684708969.html?x=0

Someone in the private sector will pay for both of them but only claim one.
Someone in the public sector pays for both and can claim both.

I don't think anyone is making out the people on pension credit (less than £7142 per year pension) are well off or costs more per head of workforce when compared to public sector pensions.
around 2.7M get pension credit, there are over 6m in the public sector.

The average cost of pension credit is around £1470 per claimant PA or £0.00007p PA per UK worker.

StevieJ

Really2 wrote: »

Someone in the private sector will pay for both of them but only claim one.
Someone in the public sector pays for both and can claim both.

I don't think anyone is making out the people on pension credit (less than £7142 per year pension) are well off or costs more per head of workforce when compared to public sector pensions.
around 2.7M get pension credit, there are over 6m in the public sector.

The average cost of pension credit is around £1470 per claimant PA or £0.00007p PA per UK worker.

Does that include their rent and rates?