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Civil Servant for 23+ years yet no pension?

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Comments

  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    to administrate them, but their costs are lower as they pay only DC pensions?
  • Andy_L
    Andy_L Posts: 13,068 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    atush wrote: »
    to administrate them, but their costs are lower as they pay only DC pensions?

    Well that's the big, poorly answered, question about government contracting out isn't it: is it actually cheaper than keeping it in house? Whilst they probably aren't paying a DB pension (but might be, since their staff remuneration package isn't a matter of public record unlike the civil service) what's the extra cost of their need to show a profit?
  • BobQ
    BobQ Posts: 11,181 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    atush wrote: »
    That to me was at how badly run some of our public service is (and I see truth there). Are you in denial about this?

    I don't see that as bile about those who have earned themselves a public service pension.

    No but it is bile about the public sector.

    Denial? No, I accept that the public sector could be better managed and be more efficient. What I object to is that its unfair to blame the worker bees for the poor management where it exists, the lack of credit given to the improvements that have been made and the blind faith that the private sector is perfect.

    As your quip about the public sector person giving bad advice to the OP demonstrates, the private sector has its failings as well. You do not improve any organisation by making the staff who work for it feel demotivated, unappreciated, frustrated or unvalued.
    Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
  • Tromking
    Tromking Posts: 2,691 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Colin297 wrote: »
    People benefiting from the public sector's over compensation should just be happy with it. I mean, fair play to whoever gets a lumpy pension above their market value.

    My gripe is where people try to justify it by using mantras that include terms like 'deserve' and 'fair' all the while ignoring the irrefutable fact that the public sector is renumerated substantially above its true market value. The other fact that has to be conceded is that not only do the private sector not enjoy insulation from such market forces but it literally funds the public sector. Therefore, it is a little audacious for a public sector civil servant insult a private sector employee's intelligent by saying things like 'so WE should be expected to have a crap pension because you in the real market have to?'. Just think about it.


    First off, as a time served civil servant I really don't know the true value of anything, why would I need to?
    I also don't have a clue what this 'market' thing is you refer to either. I have a feeling that my work in the public sector has probably elevated me from such squalid considerations.
    I have a theory, which I have already alluded to and it`s that unless the things the State are responsible for are done properly then there will be political ramifications, ramifications that simply don`t exist as much or even at all in the private sector. Even the most rabid outsourcing Tory politician knows that if you go too far with things like pension reform and pay and conditions generally then he/she runs the risk of being held to account by the people at large if things go wrong as a result.
    That may seem unfair to those putting up with p*ss-poor pensions in the private sector, but the moment the 'market' (?) becomes a major consideration in the public sector, then its goodbye decent public services.
    “Britain- A friend to all, beholden to none”. 🇬🇧
  • jac29
    jac29 Posts: 85 Forumite
    It's been a while but I just wanted to update those of you kind enough to help me with my query. I AM entitled to a classic pension. It would seem that when I resigned someone overlooked whatever action they should have taken - no surprise at all. Anyway I can look forwards to receiving an annual pension of just under £3,000 when I become 60....and to all those who had such heated debate, every penny of this was HARD earned over a period of 23 years.

    Thank you folks x
  • Neasy
    Neasy Posts: 92 Forumite
    Part of the Furniture 10 Posts
    Wonderful news! Well done.
  • Annie1960
    Annie1960 Posts: 3,009 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Combo Breaker
    jac29 wrote: »
    It's been a while but I just wanted to update those of you kind enough to help me with my query. I AM entitled to a classic pension. It would seem that when I resigned someone overlooked whatever action they should have taken - no surprise at all. Anyway I can look forwards to receiving an annual pension of just under £3,000 when I become 60....and to all those who had such heated debate, every penny of this was HARD earned over a period of 23 years.

    Thank you folks x

    I'm very glad you finally sorted this out.
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Very relieved you will now get your pension.

    I was hoping form more than 3K index linked in your case, but given that would cost the better part of 100K to buy it is very good news.
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