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Public Sector Pension Strikes – A JOKE !
Comments
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little.red.one wrote: »Don't get me wrong - I love my job and I look forward to going to work each day which I know is very lucky. However I (and many others like me) are far from the public image of the wet behind the ears teacher walking into a £28K job or a fat cat coasting to retirement on a huge pension paid for by the public. I will get about £4K if I end my career on this salary.
It's going to be tough for all of us
Yet to get a £5k pension a private sector worker would need a pension pot of around £130,000 how many private sector part time workers can ever dream of putting this much in?0 -
little.red.one wrote: »(I don't get paid for the holidays like teachers do).
I am sure you are entitled to paid holidays from the NHS just like a teacher.However I (and many others like me) are far from the public image of the wet behind the ears teacher walking into a £28K job
What is it with all this teacher bashing?
A newly qualified teacher in anywhere but London will start on a salary of just over £21k which is what you have said earlier in this thread a newly qualified nurse would earn.
We all do a good job - let's stop attacking each other please.0 -
Don't get me wrong - I love my job and I look forward to going to work each day which I know is very lucky. However I (and many others like me) are far from the public image of the wet behind the ears teacher walking into a £28K job or a fat cat coasting to retirement on a huge pension paid for by the public. I will get about £4K if I end my career on this salary.
And you are not the sort of person that people are referring to but if anyone makes a comment about cutting back in some areas of the public sector then you are the type of person the union highlights. Unions present all public sector workres as Nurses, teachers etc. Even Ed Millibod did it in last week's PMQs.
There is massive waste in the public sector but anyone that says it is accused of being against nurses, teachers etc. It is the jobs where 2-3 people are required to do the job of 1. Or the many layers of management on salaries and benefits that are so off the scale for the clerical work (and little management) they do.
Going off topic a little but it reminded me of the coverage of the general election where the broadcasters were camped on parliament square and in their raised presentation stands. Each broadcaster had their own stand except the BBC who had one for multiple stations and channels. Private sector would have had that cut down to two stands (radio and television). Did it need so many different presenters and support staff with a 1 minute segment to give? Could not one have been used for the national and regional? I heard another ex BBC presenter say that their radio broadcast uses two staff but at his time at the BBC, they had 15 staff doing the same tasks.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
All In This Together Part 252:Pay for the directors of the UK's top businesses rose 50% over the past year, a pay research company has said.
Incomes Data Services (IDS) said this took the average pay for a director of a FTSE 100 company to just short of £2.7m.
The rise, covering salary, benefits and bonuses, was higher than that recorded for the main person running the company, the chief executive.
Their pay rose by 43% over the year, according to the study.
Prime Minister David Cameron, speaking in Australia, said the report was "concerning" and called for big companies to be more transparent when they decide executive pay.
Labour leader Ed Miliband said the pay increases were part of a "something for nothing" culture, since the stock market had not risen to match them.
A statement from IDS said that that figure suggested that "executive largesse is evenly spread across the board".
Base salaries rose by just 3.2%, although that was above the median rise recorded by IDS this week for average pay settlements of 2.6% for private sector workers.
The latest consumer price inflation figures showed inflation at 5.2%.
Directors' bonus payments, on average, rose by 23% from £737,000 in 2010 to £906,000 this year.0 -
and?
lol
Shall I post a link from Lord Hutton stating that this pension deal may be too generous?
If we did attack and tax this famous 1% do you recon it would fill the gaping black hole also know as the defecit in which the current public sector pensions account a big % of?
Lets have some 'real world' thinking please0 -
Shall I post a link from Lord Hutton stating that this pension deal may be too generous?
Lord Hutton has described the government's offer as a "credible offer".
However he has also voiced his concern over the increase in contributions.He also said the unions had raised some genuine concerns, and he agreed with warnings that current plans could force large numbers of people on low or moderate incomes to opt out of their pensions altogether.
"I think there is a genuine issue between the unions and ministers about the pension contributions, which I hope is the subject of further discussion," he said.
'No concessions'
"I don't think you can build long-term reform on forcing people out of saving for pensions, that is a crazy way to do it."
He added: "I hope ministers can look again at some aspects of the way they're planning to increase pensions contributions."
http://www.bbc.co.uk/news/uk-16021345
Certainly from most of my colleagues, it's the rise in contributions when there is a wage freeze for 2 years followed by a wage cap for 2 years that is the main concern.0 -
I am sure you are entitled to paid holidays from the NHS just like a teacher.
What is it with all this teacher bashing?
A newly qualified teacher in anywhere but London will start on a salary of just over £21k which is what you have said earlier in this thread a newly qualified nurse would earn.
We all do a good job - let's stop attacking each other please.
If you read the quote in my post you would see that I was responding to another post talking about a newly qualified teacher walking into a job on £28K.
I am entitled to paid holidays of course but the additional leave I get for working term time only is unpaid, unlike teachers. Not teacher bashing, just stating a fact.
I am not bashing teachers, I am just trying to highlight that the public image of high earning workers is not the reality that most of us face.0 -
little.red.one wrote: »If you read the quote in my post you would see that I was responding to another post talking about a newly qualified teacher walking into a job on £28K.
I realise that but it gave the impression, as did the original poster, that all NQTs started on £28k which is far from the truth.I am entitled to paid holidays of course but the additional leave I get for working term time only is unpaid, unlike teachers. Not teacher bashing, just stating a fact.
Every job has its upsides and downsides. For teachers it is the holidays that is an upside, especially if you also have children. I often worked from home when my children were younger. Now I tend to start earlier and work later as it's only me I have to consider. Still need to work from home as well though, especially at report times.
For midwives/nurses you have the benefit of being one of the "special classes" where you could retire at age 55.0 -
I realise that but it gave the impression, as did the original poster, that all NQTs started on £28k which is far from the truth.
Every job has its upsides and downsides. For teachers it is the holidays that is an upside, especially if you also have children. I often worked from home when my children were younger. Now I tend to start earlier and work later as it's only me I have to consider. Still need to work from home as well though, especially at report times.
For midwives/nurses you have the benefit of being one of the "special classes" where you could retire at age 55.
Only if you were in the pension scheme before 1995 with no breaks in service of 5 years or more since - which is actually fairly discrimatory against anyone taking time off to look after small children (and another thread suggests that this might be changed as well - thread number 48247767)
Sadly I was the naive recipient of private pension mis-selling in the early 1990's and although my NHS Pension contributions were reinstated after an appeal my special class was notalthough on reflection I couldn't afford to retire at 55 on £4K even if I was allowed to lol
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Should that not tell you something about how inefficient parts of the public sector were allowed to become.Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0
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