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Public Sector Pension Strikes – A JOKE !

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Comments

  • ILW
    ILW Posts: 18,333 Forumite
    Divide, confuse and conquer. The gubberment will divide the public into inward fighting groups so the spotlight never falls on them and their friends. The pension issue is akin to pre-ordering a Christmas turkey of 6kg and paying £80 for it. Then at the beginning of December the butcher tells you your turkeys is only going to be 2-3kg and he wants another £60 for it. Get used to it,stuck it up. Or stand up to the playground bully!
    Gubberments are a conduit to funnel huge amounts of taxpayers money to their friends sitting on the leather sofas in the gentleman's club. PFI(public fleeced by investors) or "how to get services for the most extremely expensive way possible"
    Ever notice how the script of gubberment and opposition never changes - all that changes is the actors(MPs) positions, and the colour of the folder holding their lines, who are reading these lines from the given scripts. left... right... labour... tory... red.... blue - it makes no difference. Every 4 or 5 years we get a choice of what colour theme the part has, but the party carries on with exactly the same dance regardless. And the public carry on in their party playing musical chairs, with the number of chairs given to them by gubberment and finance, and fighting each other so they are not the one left without a seat, DISTRACTION.


    Race to the bottom. Be thankful your owners lets you work, for there are others who will do it for less. Accept that your owners want more and more and unless you give them that they will exploit Asia or Africa or South America or any other area they drive into poverty and then poverty will be visited on you. The world is owned and run for the benefit of a very, very few to the detriment of the vast,vast many.

    Think more, it's not illegal...yet!

    Can you not spell government?
  • hugheskevi
    hugheskevi Posts: 4,520 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    The striking fever is spreading to the real world - Unilever employees to strike over move from final salary to career average.
  • Desperate_Housewife_2-2
    Desperate_Housewife_2-2 Posts: 1,787 Forumite
    Mortgage-free Glee!
    edited 29 November 2011 at 3:58PM
    Looks like the tories are achieving what they set out to do, keep the rich in the gravy and !!!!!! on everyone else.
    Doesnt everyone realise that the so-called austerity measures they are imposing on us will achieve diddly squat.

    Tax the rich and redistribute the wealth.

    Whether people work for the public sector or private or have no job, unless you went to Eton and are a millionnaire then forget it, get used to a lifetime of poverty and decreasing wealth as the fat cats are going to keep skimming off the cream like they always have.

    We should be sticking together in all this, trouble is there is no-one to represent the working classes any more in this country, new labour were really a watered down version of tories really even though they did their best for the NHS and the poor. The backlash is the BNP and far right gain more ground and the rich get richer, poor get poorer.

    I am old enough to remember the winter of discontent, miners strike etc etc but I agree that the 'common man' needs to stand up for their rights as the government will nibble away at the edges and we will get worse off.

    How convenient for osborne to make his statement today just before the strike, how convenient for the government to blame the police for not tackling the riots in the summer, blame, blame, blame, when the real fault lies with the Thatcher govenment and the real damage they did in the 80s with the systematic breakdown of manufacturing industry and communities.

    Whichever way we go...boy are we in the !!!!!!!

    BTW, good luck for the strike tomorrow :) Glad that some people are taking a stand
    Save £12k in 2012 no.49 £10,250/£12,000
    Save £12k in 2013 no.34 £11,800/£12,000
    'How much can you save' thread = £7,050
    Total=£29,100
    Mfi3 no. 88: Balance Jan '06 = £63,000. :mad:
    Balance 23.11.09 = £nil. :)
  • NAR
    NAR Posts: 4,864 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Inflation running at well over 5%; Osborne has capped us with 1% pay rise for two years after the next two years pay freeze - yippee, that's something to look forward to!! :mad:

    Coupled with the additional 3% plus additional pension contributions from next April, how much worse off are public sector workers going to be by 2016? A hell of a lot is the answer! :mad:

    Tories/Lib Dems have just committed political suicide - roll on the next election! :dance:
  • Old_Slaphead
    Old_Slaphead Posts: 2,749 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 29 November 2011 at 4:42PM
    NAR wrote: »
    Inflation running at well over 5%; Osborne has capped us with 1% pay rise for two years after the next two years pay freeze - yippee, that's something to look forward to!! :mad:

    Merv says inflation will plummet next year so no worries for you.

    BTW don't forget - another year on your pension age too !
  • snowcat53
    snowcat53 Posts: 602 Forumite
    edited 29 November 2011 at 5:02PM
    My pension is forecast at 6k a year after 30 years service. This could hardly be described as gold plated! In case your are wondering I am a full time employee!

    ..

    Later you say you are on 27k.

    So how do you get 6k pension? That does not compute.

    Assuming you stay on 27k
    If 80ths scheme, then 30/80 x 27k = 10,125 pa.
    If 60ths then 30/60 x 27k = 13,500 pa

    PS I see others got there before me! Plus possibly a lump sum on top of 80ths pension
  • Believe what you want Snowcat, I know what my pension statement says! It suits you to doubt my word.
  • It's the classic scheme. We don't get as much as what the public think! A 6k pension is hardly worth having!! I haven't done 30 years yet, am quite a way off.


    Seems low for a wage of £27k. What type of scheme are you on (? % contributions made by you and your employer) and is your current wage a lot higher than your average wage over your 30 years of service?[/QUOTE]
  • zygurat789
    zygurat789 Posts: 4,263 Forumite
    Part of the Furniture Combo Breaker
    It's the classic scheme. We don't get as much as what the public think! A 6k pension is hardly worth having!! I haven't done 30 years yet, am quite a way off.


    Seems low for a wage of £27k. What type of scheme are you on (? % contributions made by you and your employer) and is your current wage a lot higher than your average wage over your 30 years of service?
    [/QUOTE]

    Ah so it;'s worth £6k pa NOW. How much when you've done 30 years?
    The only thing that is constant is change.
  • jem16
    jem16 Posts: 19,647 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It's the classic scheme. We don't get as much as what the public think! A 6k pension is hardly worth having!! I haven't done 30 years yet, am quite a way off.

    If that's a quote for 30 full time years and not taking it early, the Classic scheme is worked out as follows;

    £27k/80 x 30 = £10,125

    Lump sum is 3 times the pension so 3 x £10,125 = £30,475.

    So either your pension forecast is wrong or you are not telling us the whole story.

    Perhaps you are mixing up forecast with the benefits you have built up so far?
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