Public Sector Pension Strikes – A JOKE !

lindopski_2

My pension on retirement at the moment works out at roughly £10k P/A and I can retire at 60

under the new scheme my pension is identical but I retire at 68
If I drop out at 60 my pension drops to £7k P/A

I don't find that a harsh deal to be honest -and I didn't strike.

I am a lucky one though as I already have 10 years alternate pension set aside to whack on top of this - some wont be so lucky.

I appreciate a pricey public sector pension pot is difficult to bear but I would rather there be some kind of pot there to take some of the stain rather than a nice empty bowl where we end up surrounded by pensioners that all require support as they didn't provide for their futures when younger.

I know its easy to say it wont happen, but being on the ground floor so to speak, I hear it mentioned quite often - especially in the younger (18-35) age group.

DCodd

WhiteHorse wrote: »

And where, pray tell, does the government get its money from?

Furthermore, the government is put there by us, to run things on our behalf, and its employees are public servants.

Its employees are tax payers for one but more importantly they are the private sectors customers too. So you may say that they get paid from your taxes but equally you get paid from their wages spent.

dshart

lindopski wrote: »

DShart
a good reply

I doubt that £130 is going to be a good pension in the NHS either but I don't intend to stick around to long to find out.

The big money is certainly in the private sector long term and being in it for the 'vocation' is a mugs game as no one gives a stuff about you - certainly proven by the majority response to public sector workers that I have read about over the last few months.

I am getting to the stage now myself of joining the rest of the UK whereby we all care for ourselves and stuff the rest. This mentality has been rife in the private sector for years and now needs to be brought into the public side a little more as doing it for the good of mankind as I have seen, is foolish and no one is greatful.
I read a recent report in the news of this new UK where we are all in it for ourselves, this is certainly what I can see from not only this forum but pretty much any forum on any subject on the internet for the last few years.

Me,me, me is the order of the day.

The problem with the people that do drop out of the pension scheme is that they will no doubt with time find all new ways to screw the system leaving work at 59/60 when they are pretty unemployable to a new position to be honest,surviving on benefits and then pension.

I would rather like you say that people keep on paying into the public sector pensions, but if we make them too unnattractive then the fallout could be considerable.

The point you make applies equally to public and private sector workers, as it currently stands if I can remember the figures correctly about 70 something percent of public sector workers are in a pension as opposed to 30 something percent private sector workers.

Everyone should be encouraged to make provision for their future and as it currently stands it is easier in the public sector as generally employer contributions are higher and DB schemes still exist.

You are lucky in respect that once the recession is over you are likely to find a higher paying job in the private sector but for a lot of people that option is not there, think of people like the hospital cleaners who's jobs have already been contracted out to the private sector because they are cheaper, many of these people will have no pension provision at all.

DCodd

dshart wrote: »

And government money belongs to everyone in the country and we have a right to know how it is being spent.

If you are a member of the union involved in those negotiations, have they fed back anything from the negotiations which have been going on for months? I know if I was a member I would be asking questions and looking for updates on a regular basis on how the negotiations were going and where they felt they were making progress or otherwise. Or are all the union members just happy for the union to broker a deal and just accept it.

I know from my experience with unions that sometimes they come out of the negotiations thinking they have won on some minor issue when all along there was more available on the table but they couldn't be bothered to feed it back to the members to get their views.

I work in accounting in the private sector and am not in a union. my only bias is towards a fair and reasonable negotiation process, something I have been involved in within my roles in the private sector. Some of the tactics involved with these negotiations (on both sides) would have got me fired and the Company I work for in court, had I used them.

lindopski_2

dshart wrote: »

Everyone should be encouraged to make provision for their future

Agreed

If it were up to me there would be laws to ensure compulsory provision of adequate funding for your own future.
National Insurance is just not enough!

paparossco

Here is a link to the DoH document for reference. I would point out it was sent to me by my union.
http://www.dh.gov.uk/prod_consum_dh/groups/dh_digitalassets/documents/digitalasset/dh_131747.pdf

Le73Uq86Uv

I hope these private sector people send back thier state pension when they reach the age.

After all you don't want to be pulling the country down and taking tax payers money do you?

sheffield_lad

Le73Uq86Uv wrote: »

I hope these private sector people send back thier state pension when they reach the age.

After all you don't want to be pulling the country down and taking tax payers money do you?

Quite right after all they are the one's who accept working until 68, accept that final salary pensions are unaffordable & didn't bat an eye lid when their contributions were raised and have for years not had a pension while subsidising yours!!!!! Grrr lol

Poor old teachers having to stay in work as long as the peasants err private sector workers and that nasty old gov who no longer want to pay 14% into the pensions for them.

When will 'some' not all of the PS accept that the deal they are going to get is FANTASTIC compared with what you can get if your in the private sector?

Maybe the alternative of a non defined plan where you get one on the open markets like the rest of us is acceptable?

No? thought not

atush

Le73Uq86Uv wrote: »

I hope these private sector people send back thier state pension when they reach the age.

After all you don't want to be pulling the country down and taking tax payers money do you?

Yeah, right. Just behind you in the queue mate.

BobQ

paparossco wrote: »

Here is a link to the DoH document for reference. I would point out it was sent to me by my union.
http://www.dh.gov.uk/prod_consum_dh/groups/dh_digitalassets/documents/digitalasset/dh_131747.pdf

More divide and rule tactics from millionaires row.....