Nope, lets hope you were.
I'm not part of the teachers' unions that are going on strike, but even if i was, i'd likely still come into work.
It's just too late notice for me to personally view these strikes as fair.
30th of June has been discussed since November last year - how much more nitice do they need?
Anyhoo - off out now so have fun without me!
Sigh, no he's not, he's saying that everyone - public and private sector workers - should be supporting the unions on this.
Just because you're not affected by what is in effect a 3% pay cut for teachers doesn't mean that you won't be in the near future when your boss decides your private sector pension is too generous.
So does anyone actually have any evidence that proves the unaffordability of public sectors pensions? Or all we all content to just repeat it like a bunch of psittacidae?
I don't think the Summer of Discontent has the same 'ring' as the Winter of Discontent.![]()
Depends on if you believe that the government has a magical money tree and can spend as much as it likes. In which case no public sector pension is unaffordable. However if you believe in budgets then an additional 3% from each teacher is effectively a 3% saving on the education budget which can either be spent on other things in the education budget or spent on other government expenditure. If budgets are cut but pensions remain the same that means less money to be spent on other parts of the education budget.
Even with the proposed changes the teacher's pension scheme will be considerably more generous than the majority of private sector workers.
I'm pretty sure that LGPS is sustainable but can't find references right now. I don't think the same can be said about some civil service packages, but as usual the press just refer to 'public service pensions' as though they are all the same.
I really, really do not understand the mentality in this country whereby A has N and B has N+1, so A thinks it's fair for B to only get N, rather than trying to get N+1 for themselves. Surely this goes against the underlying liberal economic philosophy that is so pervasive in western societies?? why don't private sector employees spend their energy lobbying for better conditions for themselves?
When times were good I don't remember moaning my ass off at my mates in the private sector getting decent pay rises, bonuses and other perks like company cars, getting really lucrative over time and not to mention the ones who were self-employed avoiding as much tax as possible! All the while I was plugging along at a below inflation 2-2.5% annual wage increase- I didn't moan much because it was the contract I signed up for- but the 'deal' I signed up for included a reasonable pension as well.
I'm only 30, so by the time I retire I'm sure my pension will be worth nothing the way things are going so I'm not that personally aggrieved, but I really worry about what right minded person is going to want to be a social worker, teacher, nurse etc in 5-10 years time when the economy is (maybe) booming again, but public sector benefits are decimated.
I'm pretty sure that LGPS is sustainable but can't find references right now. I don't think the same can be said about some civil service packages, but as usual the press just refer to 'public service pensions' as though they are all the same.
I really, really do not understand the mentality in this country whereby A has N and B has N+1, so A thinks it's fair for B to only get N, rather than trying to get N+1 for themselves. Surely this goes against the underlying liberal economic philosophy that is so pervasive in western societies?? why don't private sector employees spend their energy lobbying for better conditions for themselves?
When times were good I don't remember moaning my ass off at my mates in the private sector getting decent pay rises, bonuses and other perks like company cars, getting really lucrative over time and not to mention the ones who were self-employed avoiding as much tax as possible! All the while I was plugging along at a below inflation 2-2.5% annual wage increase- I didn't moan much because it was the contract I signed up for- but the 'deal' I signed up for included a reasonable pension as well.
I'm only 30, so by the time I retire I'm sure my pension will be worth nothing the way things are going so I'm not that personally aggrieved, but I really worry about what right minded person is going to want to be a social worker, teacher, nurse etc in 5-10 years time when the economy is (maybe) booming again, but public sector benefits are decimated.
I really, really do not understand the mentality in this country whereby A has N and B has N+1, so A thinks it's fair for B to only get N, rather than trying to get N+1 for themselves. Surely this goes against the underlying liberal economic philosophy that is so pervasive in western societies?
Alternatively we should be supporting a fair and affordable deal. 6.4% of salary for a 1/60th final salary pension is not really an affordable pension. But rather than look at things objectively we should instead compare the situation to the holocaust, because that is completely reasonable.
You would be incredibly hard pressed to find any private sector pension anywhere near as generous as the above deal that teachers get. Even with an employees contribution increase to 9% it is still significantly better than the majority of private sector workers. Yet you still want workers who pay much more for much less to keep contributing?
Pensions have had to change due to the simple fact that we are all living longer. It has already happened in the private sector (final salary pension schemes are pretty much a thing of the past now even in banking) the same sorts of adjustments need to be made to public sector pensions.
That is unfortunately the way of the world. It is not fair, you do not start a clean sheet every time a child is born. The sins of the father will be felt by the son.
Its not fair that house prices are so ridiculous that hardly anyone under 30 can get a mortgage without help from parents etc. Its not fair that I have to pay well over the odds for a house because the banks were willing to give any idiot a mortgage they couldn't sustain.
This is something that we all have to accept. We will have to get less than we should for quite a while before we can get what we deserve.
We have an ageing population which is being kept alive longer and at greater and greater monetary costs and we also have the people that cost the most to the system tending to be those that contribute the least.
Everyone wants us to sort out the national debt but they don't want to feel the cuts required.
I don't really disagree with any of this. My problem though is that in 5-10years we'll be back to bankers taking huge risks, big companies / rich people still avoiding tax, big business making huge profits.
The UK's wealthiest people have rebounded from the recession increasing their worth by 18% in the past year, the Sunday Times Rich List says
I see. The crux of the issue for you is that you feel the money would be better spent elsewhere and that its more generous than many of its private sector schemes. Not really evidence of its affordability though is it?
Don't worry, I'll wait...
I must be missing something because 6.4% for 1/60th final salary seems like a terrible deal to me. No-one compared the situation to the holocaust, to suggest otherwise is mere hyperbole.
I'm all in favour of improving private sector pensions to match the teacher's pension. However you can't compare apples to oranges - public sector pensions have better terms because salaries are lower, the average public sector pension is worth £5000 a year compared to £7k a year in the private sector (I think, can't be sure of figures). Teacher's pensions are higher still because teaching is a high-value profession (despite what obnoxious right-wingtards on here claim) and their pensions are still lower than what you'd expect to get in other high value professions such as Medicine, Engineering, Law.
Raising the age at which pensions can be claimed might well end up being a compromise agreement with no pay cuts. They aren't going to get that by rolling over though, the government have backed them into this corner.
back to striking- my view is that if we had stronger unions / more democratic work places (in all sectors) we'd have far less strikes, far happier workers, and more productive workers. Overall, a better workforce with everyone bar the very top level 'better off'. This is what we should all be pushing in my view.