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another pension increase for police!
Comments
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but you forgot, alot of private sector jobs come with other benefits, private healthcare, better hours etc
And most jobs do not. However, why not take some of that £1700 he is saving compared to others and buy those benefits. He will still be quids in.I am not looking for sympathy but I feel that the police is always the first port of call for the government to save on... probably because others can strike.. look at the tube drivers...!
There are plenty of other jobs out there if he doesnt enjoy what he does.The reason police retire younger is because of the type of job it is and the stress levels involved in it... look at the rate of alcoholics of ex policeman.... the pension needs to be good to support them for longer.
And he gets a damned fine pension to allow that early retirement 12-13 years earlier than most others.I am by no means saying that they are hard done by but how do they expect to freeze his pay for 4 years and the constantly increase costs associated with his job.
We have had a recession. This is what happens in recessions. It was a major recession and the impact will go on for many years yet. If you live beyond your means then you have to reduce your spending. You would do that in your household and the Govt has to do the same. Everyone is taking a hit.
That said, the pension issue should have been dealt with years ago. The previous Govt was told to do something and tried but then bottled out of it. Life expectancy has to be paid for either by working longer or paying more.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 -
but you forgot, alot of private sector jobs come with other benefits, private healthcare, better hours etc
Ha ha ha ha what planet are you really on? i work in the private sector and get none of the benefits of which you talk... i work shifts as well
I am not looking for sympathy are you sure? but I feel that the police is always the first port of call for the government to save on... probably because others can strike.. look at the tube drivers...!
The reason police retire younger is because of the type of job it is and the stress levels involved in it Other jobs have equal stress for less pay and conditions ... look at the rate of alcoholics of ex policeman and the rates of alcoholic everything else .... the pension needs to be good to support them for longer.
why so they can spend it on drink? if they are as bad as being alcoholics as you make out then they wont need the pension for long as they will die young
I am by no means saying that they are hard done by yes you are that is exactly what you are saying but how do they expect to freeze his pay for 4 years 5 years no pay rise here ... oh and no pension contribution from my company till this april when they pay the stunning amount of 1% into my pension and the constantly increase costs associated with his job every job has increased costs especially if you dont get a pay rise ... he has recently spent £200 on kit he needed due to changing department. i have to pay for my own injections to cover me for work and my disclosure when it comes up for renewel and i have to buy my own work clothes which soon get destroyed due to the type of job i do
rant over!
i understand you feel peed off and i sympathise to some extent ... but seriously i would love to be in your husbands shoes and to be treated so badly ... it would be a vast improvement to what i get right now0 -
but you forgot, alot of private sector jobs come with other benefits, private healthcare, better hours etc
I am not looking for sympathy but I feel that the police is always the first port of call for the government to save on... probably because others can strike.. look at the tube drivers...!
The reason police retire younger is because of the type of job it is and the stress levels involved in it... look at the rate of alcoholics of ex policeman.... the pension needs to be good to support them for longer.
I am by no means saying that they are hard done by but how do they expect to freeze his pay for 4 years and the constantly increase costs associated with his job... he has recently spent £200 on kit he needed due to changing department.
rant over!
police arent alcys because of the stress but the institutional drinking mentalty,something simlar to the alledged racism0 -
Mrs_Arcanum wrote: »Husbands contributions have gone up by 50% (6% to 9%).
Mine have gone up from 5% to 7% and will go up to 90% next year. So an 80% raise overall.0 -
I pay over £300 a month into my pension and even with a generous employer contribution and salary sacrifice I will never get to the dizzy heights of a police pension in value. I sympathise but we haven't had a cost of living pay rise either this year and for the record my job is stressful and dangerous too...0
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So not only does my husband not get payrises, is losing overtime, bank holiday payments and free travel he now has just had a 1.5 % increase on his pension taking him to almost £300 a month! And he is over a barrel because he cant strike like other services, he would find it hard t get another job in this current crisis so he just has to go along with it!
To all those that moan about how 'good' the police pension is.... yours would be pretty good as well if you paid as much into your pension from what I consider to be a modest wage!!
Then to add insult to injury he has now been moved to a station more than 20 miles further than his last one, doubling our fuel bill in the process! Brilliant! Thanks government!
My OH can't remember the last time he had overtime, his pay rises (plus some) disappeared to cover the increased costs of his pension contribution, but he's not actually had a pay rise for the last 3 years, has never enjoyed free travel, could not consider striking because some or other foreigner would jump into his shoes for less pay and as for getting another job, employers aren't interested in a job well done anymore. Oh, forgot about the 80 mile round trip to work everyday. He does work hard for his pay and neither he nor his colleagues have ever had any negative feedback about their performance from the public.
Tough world isn't it?0 -
To all those that moan about how 'good' the police pension is.... yours would be pretty good as well if you paid as much into your pension from what I consider to be a modest wage!!
Well, I pay little over £300 per month and it is quite expensive for me (25% of basic wage) and while I still got thirty to forty years to go, my private pension scheme's calculator suggest that if I do not take my lump sum, I might get £4,050 at 55, £5,630 at 60 and £7,870 at 65 (Other calculators differ though) Of c, since it is defined contribution, it is everlasting uncertainty, though one could try to reduce uncertainty by transferring funds to lower risk funds.You are complaining about the fact your husband is paying into one of the best pension scheme in the country with virtually certain on what his income is going to be when he retire, that must be nice.
For all I know, when I retire myself, it could be lot less because there was terrible stock market crash at the time!
To all those that moan about how 'good' the police pension is.... yours would be pretty good as well if you paid as much into your pension from what I consider to be a modest wage!!
Modest?I am quite amused by your idea that £30,000 is a modest wage. I would personally considered £12,000 more of a modest wage. But then, each person's situation differ, commitments and so on.
but you forgot, alot of private sector jobs come with other benefits, private healthcare, better hours etc
I am not looking for sympathyI would from my personal experience that for people in my position and most likely in retail and other businesses, there is no such thing called private healthcare, that is what NHS for? I certainly do not have any paid sick leaves either. But yes, it is likely to be more common among people on median/average salary. And my employer does not contribute to pension scheme at all. I am myself lucky enough to have great amount of overtime and indeed bonus. I would indeed argue that bonus and overtime are likely to be more common in private sector job. As for hours, well, I don't think it matters much in what sectors they are. Hours are depends on what jobs are, I tend to believe. I am pleased that you are not looking for sympathy.
The reason police retire younger is because of the type of job it is and the stress levels involved in it... look at the rate of alcoholics of ex policeman.... the pension needs to be good to support them for longer.
All jobs are stressful in one way or another. Teachers, Nurses, Doctors, Professionals, people having to work to strict deadline and dealing with different tasks/problems at same time.I failed to see why should policemen should be able to retire younger. Yes, leave job with deferred pension until proper retirement age. I do recalled coming across one figure that the average pension for police officers for one force is £14,500. Of course, average are misleading as statistic, but still.
I am by no means saying that they are hard done by but how do they expect to freeze his pay for 4 years and the constantly increase costs associated with his job... he has recently spent £200 on kit he needed due to changing department.
I can understand the irritations about paying out for something like that. Employers should really meet that kind of cost. But the simple fact is that lot of people are getting pay freeze or pay cuts. My employer reduced time and half for overtime to time about three years ago for example. I am still pleased that through hard work and taking more roles at work, I manage to get small pay-rise last year but it is still below inflation alas.
Cheers
Joe0 -
i do also wonder if some of the reason the police have such a high rate of alcohlism would be due to the confiscated alcohol they acquire every weekend ... i know of several policmen that openly discuss what cargo they have acquired and who get's what
perks of the job i spose ... wish i got perks in my job0 -
well the police are striking on May 10th :beer: central london location TBC
http://www.independent.co.uk/news/uk/home-news/police-to-protest-over-cuts-7603474.html0 -
Reading the link that not a strike. It's a protest meeting and they will discuss, amongst other things, gaining the right to strike.
I hope they do get right to strike tbh. If it ever happens it's show how useful or useless they really are.0
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