Which is what? People are living longer so pensions are more expensive, how do you suggest they are paid for? What tax increases or what budget cuts would you like to see to cover it?
30/11 Strikes.
- Thread starter wordy
- Start date
Which is what? People are living longer so pensions are more expensive, how do you suggest they are paid for? What tax increases or what budget cuts would you like to see to cover it?
Which is? And what happens when there isn't enough to cover everything.
Try again.
I don't think your interpretation is correct ?
Its not a pot of money guaranteed at a certain rate, it just a bunch of payments underwritten at a given value.
If there was a pot then surely all the current public sector workers due for retirement in the next few years should not have their terms changed at all as the money should be there for them already. If this is the case then term changes should only then be applied to all new starters in the public sector and possibly anyone not due to retire for the next 25 years ?
If there is this pot why are even those who have paid into it for the past say 40 years getting stung too ? This is why I seriously don't believe there ever was, is or will be a pot, and this is a simple underwriting by the government.
Deleted member 66701
Deleted member 66701
Sounds like you should be standing for a branch position then GEC/NEC at some point in the future then if you want to change it that much.
That's what I'm doing and I'm seeing some good changes come about.
Associate
- Joined
- 23 Nov 2009
- Posts
- 1,195
Penions, ISAs, childcare vouchers are all methods of tax avoidance available to average workers. Tax avoidance isn't all about numbered bank accounts in the Caymans and plenty of average people engage in it too. But it is one of those many things that is OK when 'I' do it but not when it is someone with more money than 'me'.
what is the difference between an underwritten amount and a guaranteed amount? Nothing. We are talking about something which is one and the same.
That's the point that pot/guaranteed/underwritten has a liability of over £1000billion, which hasn't been covered by the payments.
Soldato
- Joined
- 23 Oct 2002
- Posts
- 13,597
BWah ha ha ha. You get more ridiculus by the second.
I am thinking about getting back into it as a safety rep.
Until then, if people only joined because they agreed with the union. Every vote would be strike or in agreement. Which isn't what a union should be about.
Soldato
- Joined
- 28 Nov 2008
- Posts
- 8,725
- Location
- UK
Yeah we need more of those.
![[TW]Fox](/data/man-of-honor/2009.png){kind=avatar}
I bet every decision you make is in the best interests of the general public before those of yourself, right Dolph?
Curious as to why you don't jump into the public sector yourself, who doesn't want some excessive renumeration, eh?
Last edited:
We do actually.
Do you know what they are and what they do, within a specific industry within a specific team.
Deleted member 66701
Deleted member 66701
My Dad was a H&S rep with the RMT, GEC chair and actually a Safety Inspector for Regional Railways NW/Railtrack - said it was one of the most rewarding roles he'd ever had on the railway (he was many other things in the past - Power box supervisor etc).
Not so much when it went to Railtrack though - too much emphasis on cost and not enough on safety and he retired shortly after.
I did originally put it like that, but had to backtrack just in case he said that when they say no school on wednesday.
Dolph says its because you get much more money than the private sector. Isn't this right?
[TW]Fox;20668730 said:
Dolph is always correct. Which is why I'm going to the private sector and getting £7k more for doing less work with fewer responsibilities..
Oh wait... that means Dolph isn't always right about everything
Soldato
- Joined
- 28 Nov 2008
- Posts
- 8,725
- Location
- UK
No, that's a false conclusion because it assumes the public sector candidate could with some easy get a job in an equivalent private sector role. There is nothing to show that this is the case.
Last edited:
Deleted member 66701
Deleted member 66701
[TW]Fox;20668730 said:
Haha!
My wife was wondering why everyone considers a gold plated pension a good thing?
She said if I ever bought her gold plated earings I'd be seeing just how hard NHS staff actually work!
Isn't something "gold plated" actually something pretty much worthless tarted up to look like something of value?