Makes my blood boil

chucknorris

agarnett wrote: »

Isn't that the issue? So even, dog eat dog perhaps?

If having read you, I was to try to interpret by putting words back in your mouth to see if you agree they fit: "I'm a university lecturer with a gold-plated (gilt) type fairly bombproof (if UK plc remains suspended on the usual hot air) UK government guaranteed DB pension scheme, but I really don't care about other university lecturers who have ended up in what is effectively an unsafe private sector DB scheme ..."?

If so, isn't that too easily extrapolated beyond the limited context of university employment to imply "I don't care about anyone in the private sector whose pension is less of a reward to them than mine is to me, and nor do I care that it mine is overly generous to the point that the rest of society will actually be shouldering the burden of it due to an unintended national anomaly, because indeed I made a deliberate position to place myself in that position"?

Jesus, I think you need to see a psychiatrist.

Of course I care about my fellow lecturers, that is why I am staying on until December, because the university can't get a replacement until then, I actually wanted to retire this September. I have already explained that there is no difference between what I could earn in the private and public sector (taking into account the additional value of my DB pension). Additionally as I also said previously that DB pension will be less than 10% (closer to 5%) of our total retirement income, although it was great value, as I said before, it pales into insignificance when compared to our other income, which will mainly come from dividend income, corporate bond interest and rental income).

BobQ

p00hsticks wrote: »

£180k - £185k, apparently - Robert Deveraux is the current Permanent Secretary for DWP

https://www.gov.uk/government/publications/dwp-roles-and-salaries-september-2015

Salaries for senior Civil Servants are very transparent

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/62343/high-earners-pay_0.csv/preview

Yes and no. He was earning 160-165K in this one!

Thanks for the correction. I looked down the above list and many PSs are lower around 150-160K

I am not defending these high pensions but they are really the exception. To get 100K you will have needed to have been a career civil servant for 40 years. A PS on 180K who joined 10 years ago will get a pension of about 30K. Great if you can get it I agree but £100K pensions are the exception.

Some would argue that paying a £100K pension to the top people would be a good deal when the alternative is paying a market salary to a high calibre individual managing the DWP.

mollycat

chucknorris wrote: »

Jesus, I think you need to see a psychiatrist.

How do you know that he already doesn't?

agarnett

*[QUOTE=Muscle750]..there are alot in the public sector at ALL LEVELS, who will be better off than when they were working.[/QUOTE]

p00hsticks wrote:

Can you please provide a link/source to support this ?

Some things you don't need an internet link to, because they are obvious!

You will be better off than when you were working because it will not cost you 35 hours a week of your labour to receive a decent income. Those in the private sector who arrive at a typical public sector retirement date are much less likely to have the luxury of affording to enter the world of leisure, and it is also quite typical that many of them will still have mortgages to pay with only their pension pots to raid to pay off the original loan at the end of the mortgage! 'Work til you drop' is perhaps much more likely for private sector workers than for public sector purely because there will have been far more interruptions to financial planning due to the way the private sector world has become so volatile, although I accept there are shades in between as hyubh reminded.

*Sorry ... I am trying to sort out my quote within a quote formatting - I usually get it right first time or shortly afterwards but can't yet see where it went wrong this time!

Muscle750

GunJack wrote: »

utter, utter tosh I'm afraid, you really ought to get your facts right before basing an argument on them..

Maybe you can enlighten us all to what im stating that isnt true here Plus of course i know that in the public sector private heath insurance isnt unheard of and expenses can get out of hand prime example on that one is that at GCHQ many were travelling up and down to London using the train and travelling first class, They have now got their own coaches to go by road all kitted out with leather seats tables etc and they use these althou i imagine there are still some who go via other means.
I know of one gchq worker who went to a cold climate for a few months and put in a claim for £2k for a few woolly jumpers.

agarnett

mollycat wrote: »

How do you know that he already doesn't?

Oh dear, resorting to the nastiest unintelligent form of personal insult rather than to deal with a point of view - a multi-millionaire and a lowly NHS worker with the same sloppy agenda? What next for our beloved Britain?

chucknorris

agarnett wrote: »

Oh dear, resorting to the nastiest unintelligent form of personal insult rather than to deal with a point of view - a multi-millionaire and a lowly NHS worker with the same sloppy agenda? What next for our beloved Britain?

I don't have an agenda! The only thing that I would like to come out of this thread is that people should be financially aware enough to be able to correctly evaluate DB pensions, so that they can make informed career decisions.

BobQ

chucknorris wrote: »

Did you forget to show a link to that article, or have I overlooked it from another post (I did have a quick look)?

It was posted earlier

Muscle750 wrote: »

http://www.dailymail.co.uk/news/article-3366605/Public-sector-pension-pots-three-times-size-private-ones-gap-continuing-grow.html

I rest my case

Muscle750

http://www.telegraph.co.uk/finance/personalfinance/pensions/12044500/The-public-sector-workers-on-track-for-a-55pc-pay-rise-when-they-retire.html

Read it for yourselves and then tell me im talking alot of !!!!

Twopints

agarnett wrote: »

Oh dear, resorting to the nastiest unintelligent form of personal insult rather than to deal with a point of view - a multi-millionaire and a lowly NHS worker with the same sloppy agenda? What next for our beloved Britain?

Just because you wrap your unintelligent insults up in lots of words and call them a "point of view" does not make them any less offensive.