Post the changes the Labour government made in 2007/8 yes. Not post-Hutton changes.
30/11 Strikes.
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Post the changes the Labour government made in 2007/8 yes. Not post-Hutton changes.
Actually I believe it should be our parents that should be paying for this, it is their generation's mistakes that have got us where we are. (I'm 30 and my parents are ~60 to give perspective)
wasn't that when cap and share was agreed? you do realise the new proposals are based around the implementation of the cap and share arrangement, with amendments to the scheme to prevent massive increases in employee contributions.
How are they going to pay for it.
And carry on like you want are kids are going to be paying for our mistakes.
Do you dispute tax payers, contribute 32billion a year to public sector pensions?
How is that affordable. Pensions should be realigning themselves to be self funding.
Hutton disagrees with your position. I believe him over you.
£20 Billion (not including wages, payouts to sick etc) for the Afghan and Iraq wars (not to mention the loss of priceless human life). £2 Billion over the past couple of months for Libya. We can blow billions boosting the war industry and our warmongering requirements but can't even sort our own country out. People need to have a long hard think about whats going on in this world. Capitalism is fail.
Screw this, I don't have a pension but I will be joining my colleagues in striking. How much longer before they start pilferring monies from our kids child funds, to continue bringing our country down whilst wasting our tax monies to continue spilling blood abroad, and letting the big corporations rule the roost.
Screw this, I don't have a pension but I will be joining my colleagues in striking. How much longer before they start pilferring monies from our kids child funds, to continue bringing our country down whilst wasting our tax monies to continue spilling blood abroad, and letting the big corporations rule the roost.
And you think plenty of people aren't against that expenditure
As well as the huge cuts the military are going through. They haven't been saved from the chopping board.
because I prefer to take the view of the author over a communist?
"Based around" as in "pretending to be the exact same thing" when the cap and share agreement hasn't even been formalised yet. The contributions incurred through 'cap and share' would not amount to the same arbitrary rises the government are imposing and should not be outside any agreed reform measures.
Let's keep it factual, eh?
Associate
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Here's a stat for you.
Since the teacher pension scheme began the government has received 43 billion pounds more than has been paid out in real terms. Stunning!
Since the teacher pension scheme began the government has received 43 billion pounds more than has been paid out in real terms. Stunning!
... and I believe the NAO and IFS over Hutton and yourself.
Without actually investing public sector pension contributions into a fund like the stock market (a la private sector pensions) they will never be self sufficient. The problem with this is the government want/need to spend the money now to prevent more strikes.
Besides, you wouldn't like it if the market went down and your pension value decreased and you couldn't whine about it to anyone...
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That made me really chuckle. I appreciate it, even though I fear you didn't mean it that way.
PS. Perhaps you could remind me what fallacy that fell under?
Well as long as we are being blunt - it appears some people are just not reading what some people are posting and spouting BS themselves.
Not all of the public schemes are struggling with "money in the pot". Some have plenty. Yes, granted, some of this comes from taxation (I do understand where the organisation gets the money for employer contribution) but to attack ALL public sector pensions is frankly just ridiculous.
The schemes should be allowed to manage themselves IF they are self sufficient given their current structure. If/when the point comes where this is not the case then they should alter themselves and, if this does not happen, THEN get the government in to remedy the situation.
Private sector pensions were all happy to ride the crest of the wave when investments were good yet, as soon as they fall, they look to see who else they can pull down with them?
Personally, if pension reform is needed then fine but this change should affect new joiners to the scheme and not move the goalposts for someone that has been in the scheme a long time. It hurts even more when some people have joined schemes which have just been through reform (NHS/Police for example) around 5 years ago and now they want to erode the conditions even more! Was it crazy for these people to think that the scheme they were joining was set for at least 25-30 years?
It's the whole "Public v Private" argument. no one will ever win the argument as no one is willing to give any quarter. Even more so when some people take it as a personal attack
That I do agree on and why we need a entire change to how the country runs and I certainly don't think this government is getting it alright. Even the policies I do agree on, i only half agree on. But thatpolder crack for you. Try and keep everyone happy by implementing half poped policies which aren't exactly what's needed.
What we need is a government with real balls, but then they probably be voted out, or just not voted in, in the first place.
And what has that to do with you can hardly blame people ... you'd do the same would you not. Please don't tell me you'd just take it on the chin.
I won't be striking but I agree with why people are striking. I have made a decision to take lower pay by working in the public sector with a degree of stability that the public sector doesn't usually have. Albeit with a huge politcal susceptibility. Having a government and employer that my country hasn't even voted for making these decisions is even more annoying.
Do you really think that is happening. Cuts have not been just pensions. They have affected pretty much everyone across the board in many different ways.
Soldato
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Yet another report out admitting that my pension fund pays for itself.
My, won't that disappoint those who think that all public service pensions are nothing but a burden on the poor corporate worker and his tax contributions?
My, won't that disappoint those who think that all public service pensions are nothing but a burden on the poor corporate worker and his tax contributions?
Yes, I know that but this thread is talking about the upcoming strikes which is largely based on pensions hence why I am keeping a narrow scope on things.
Thanks for cutting my entire post down to 2 lines that you can try and pull apart though...