March in London on the 26th?

amigafan2003 said:
If the private sector can fund final salary pension schemes then why can't the public sector?
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I'm not suprised Dolph didn't answer this one honestly.

The government are currently shoring up private sector pension schemes, including many FSP schemes, to the tune of twice the liability of all public sector pensions.

It is something not often described or aknowledged. (what right leaning paper would, they would have to shut up about public 'golden' pensions and spinning constant lies around the subject like the Times.)

So the private sector doesn't need to fund them, it just asks the government to bail them out.

Beware of exclusively pro-business tories with a vengence against the state, they will never be forthcoming with the truth.

Ultimately, the private sector has a lot more ground to make up for than the public in terms of pension arrangements being paid for by the state, and certainly needs a radical shift on either partial or total state dependence for their profit margins and business models in many cases.
 
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Private pension schemes are paid for in the today, I thought? Thus why your own contributions are matched (and sometimes more than matched) by your employers contribution. I'm not aware of this happening in the public sector, which are paid for in the tomorrow (i.e. at the time it is paid out, not kept in a pot).

I'm rather naive to the implementations of both, I must warn. Which reminds me.. I need to sort one out for myself :o
 
Dj_Jestar said:
Private pension schemes are paid for in the today, I thought? Thus why your own contributions are matched (and sometimes more than matched) by your employers contribution.
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Yes, matching contributions is correct.


Dj_Jestar said:
I'm not aware of this happening in the public sector, which are paid for in the tomorrow (i.e. at the time it is paid out, not kept in a pot).
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The overall net position isn't there no, this is the problem. The pensions in the public sector are calculated no differently to the above.

I make contributions, as does my employer, if I miss years of employment I miss those contributions. I retire, it is worked out.

The only difference is the total amount of money isn't there because the government stole it, and any involved fund managers are medicore idiots.

Again, if the employer, the government, has failed to make the contributions it expects employers to make - take that out on the worker?

"Ah but the taxpayer has to pay"

They were always liable anyway.

Dj_Jestar said:
I'm rather naive to the implementations of both, I must warn. Which reminds me.. I need to sort one out for myself :o
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The UK is drowning in debt that we have forced upon probably two generations after ourself at least and that is if they never encounter problems; this is all a ponzi scheme.

Pointing at public pensions which cost half of what the private sector ones do to the public purse is disingenuous at best, especially when the infrastructure and actions of the current government are on the permanent 'never never'.

Slating public sector workers alone for things beyond their control, and which certainly pale into insignificance when taking in the whole vista, is a decades old game.

Ultimately, private business pension arrangements are in a significantly worse position than the public sector.

However it is dogma and political allegiance that prevents the government acting on what is pertinent, not what it loves to attack.
:)
 
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Superewza said:
I don't but it's not outside the realms of reality. A Sky reporter offered one person £25 to throw a brick for the camera.
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Do you have proof of that?

Twitter messages don't count.

Edit: You'll believe anything if it supports your close-minded view of the world, won't you?

Stories circulating on Twitter that a Sky News journalist offered a protester £25 to throw a brick through a window during the Saturday demo have been firmly denied. “It is totally false and libellous to suggest otherwise,” said Sky, on Twitter naturally. The story originates from one Twittering demonstrator being told it by a “bloke” in the middle of the riot, who has not resurfaced since. Meanwhile, the BBC can rest easy its reputation won’t be similarly impugned. “The suggestion that a Sky journo offered £25 to some Spart to chuck a brick is hard to believe,” writes BBC reporter Giles Dilnot. “It wasn’t the BBC,” he adds, “we couldn’t afford £25.”
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— http://londonersdiary.standard.co.uk/2011/03/sky-fends-off-the-brickbats.html
 
DM said:
No one with a brain would have a pop at old bill, its a thankless job, but you do do ok for money dont you, and you do get a decent pension even if it looks like you might have to cough up more for it.
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Top rate Pc is 36.5k excluding overtime. It isn't a fortune but it is a decent salary.

Currently, A Pc who retires with 30 years in gets a sum of about 115k and about 1300 a month. That is with contributions of 11%.
 
I had a average-ish looking pension no where near your sort of final payout VS, and they crapped on it. That benefit package looks very good, is it London weighted?

Ah gee, ain't it great when citizens crap on their fellow citizens.

;) :rolleyes:
 
Slam62 said:
yes but tax payers on half that salary and with no pension are paying for it, is that fair?
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Yeah but 'we' taxpayers are paying way more to private firms for pensions they've skipped or can't afford than we are with the public service workers who keep the country going; is that fair?
 
simulatorman said:
Go on, pull the other one it's got bells on it.
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I'm not sure I believe that but given what some journalists get up too I wouldn't be too surprised either. However it would not be the first time the Conservatives or Labour have misused office and monopoly of force against civilian or political groups. Infiltration and agents provocateur are not certainly not unknown in the history of the UK.
 
Biohazard said:
Yeah but 'we' taxpayers are paying way more to private firms for pensions they've skipped or can't afford than we are with the public service workers who keep the country going; is that fair?
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oh for goodness sake, now you've lost the plot.

the public sector workers are paid using money that is earned by the private sector, no private sector=no public sector.
In fact all the net wealth, money, whatever in the nation ultimately comes from the private sector.

one caveat, the govt is currently borrowing far more than the private sector is bringing in, this cannot go on.
 
Can i rally for the cuts?

Is this rally just for the cuts / pay freeze to the public sector or other cuts too?

Everyone who has been on jobseekers for over 5 years should have it stopped

Everyone claiming things like child benefits should also be cut. Cant afford a kid, dont have one scrote!

Cuts to benefits and tightening up on immigration would save billions each year

One a sidenote, why to all these protesters look like jobless hippies? There was one in Leeds recently and all the suited and booted people were walking past earning a living whilst all the protesters were not at work. Somethings not right there
 
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