Craig 6307 Posted June 30, 2011 Share Posted June 30, 2011 The banks bailout could have paid for all the education in this country for 10 years. I wholeheartedly agree with that. But that was a decison taken almost 3 years ago. Link to comment Share on other sites More sharing options...
Meenzer 14060 Posted June 30, 2011 Share Posted June 30, 2011 When state pension was introduced in this country, life expectancy was considerably lower - around 68/69. People were expected to work until 65 and then have a retirement of 3 to 4 years - more if they were lucky but lets face it many never made it to retirement age. And labour was generally a lot more manual/physical, too (which obviously isn't unconnected to the life expectancy thing). At a human level, I'd have no problem with a tiered pension age allowing people who do physically demanding jobs to retire before those of us who push buttons in an office, whether in a private company or the public sector. I suppose it'd be logistically impossible to implement in reality though. Link to comment Share on other sites More sharing options...
Tooj 17 Posted June 30, 2011 Share Posted June 30, 2011 I know they're complaining about their pensions but haven't seen any details as to what they're being offered and how that compares to the private sector. Well wor lass aint on strike today (teacher, wrong union tho) but quite a few of her colleagues are. Basically they are being asked to pay in more for a lower final ammount. "Had on" I hear you cry, "that sounds terrible". Well it would be if their pension wouldnt STILL be better than the best private sector pensions. No sympathy for em'. As LTB said, get in the real fuckin world peeps!! Every fucka else is having to make cuts and savings so why not your fuckin lot? This TBH. I got fucked over with my final salary pension about 5 years ago and then again a couple of years back. I pay more in, I'll work longer and I'll get less out of it. When I discussed it at the time with people I know working public sector, the attitude was along the lines of "tough shit, that's what you get for working in the private sector". What goes around, comes around. I've fuck all sympathy and it's time they got fucking real. Nice generalization there Craig. Link to comment Share on other sites More sharing options...
Tooj 17 Posted June 30, 2011 Share Posted June 30, 2011 Isn't a big issue of contention that the extra people will be contributing won't even go towards their pensions? But will actually be used to pay-off the deficit? (I'm sure I read tha somewhere) Link to comment Share on other sites More sharing options...
Meenzer 14060 Posted June 30, 2011 Share Posted June 30, 2011 I know they're complaining about their pensions but haven't seen any details as to what they're being offered and how that compares to the private sector. Well wor lass aint on strike today (teacher, wrong union tho) but quite a few of her colleagues are. Basically they are being asked to pay in more for a lower final ammount. "Had on" I hear you cry, "that sounds terrible". Well it would be if their pension wouldnt STILL be better than the best private sector pensions. No sympathy for em'. As LTB said, get in the real fuckin world peeps!! Every fucka else is having to make cuts and savings so why not your fuckin lot? This TBH. I got fucked over with my final salary pension about 5 years ago and then again a couple of years back. I pay more in, I'll work longer and I'll get less out of it. When I discussed it at the time with people I know working public sector, the attitude was along the lines of "tough shit, that's what you get for working in the private sector". What goes around, comes around. I've fuck all sympathy and it's time they got fucking real. Nice generalization there Craig. It's what the unions specialise in. He learned from the best. Link to comment Share on other sites More sharing options...
Craig 6307 Posted June 30, 2011 Share Posted June 30, 2011 When state pension was introduced in this country, life expectancy was considerably lower - around 68/69. People were expected to work until 65 and then have a retirement of 3 to 4 years - more if they were lucky but lets face it many never made it to retirement age. And labour was generally a lot more manual/physical, too (which obviously isn't unconnected to the life expectancy thing). At a human level, I'd have no problem with a tiered pension age allowing people who do physically demanding jobs to retire before those of us who push buttons in an office, whether in a private company or the public sector. I suppose it'd be logistically impossible to implement in reality though. Indeed. I've also never fully understood why historically the pensionable age for women was 5 years less than that of men. Link to comment Share on other sites More sharing options...
Park Life 70 Posted June 30, 2011 Share Posted June 30, 2011 Too many people living too long, needing more money over longer periods and all within a failing world economy. Things are gonna get tougher for all. Link to comment Share on other sites More sharing options...
LoveTheBobby 1 Posted June 30, 2011 Author Share Posted June 30, 2011 Too many people living too long, needing more money over longer periods and all within a failing world economy. Things are gonna get tougher for all. .. apart from that , it's 'going canny' Link to comment Share on other sites More sharing options...
Park Life 70 Posted June 30, 2011 Share Posted June 30, 2011 Too many people living too long, needing more money over longer periods and all within a failing world economy. Things are gonna get tougher for all. .. apart from that , it's 'going canny' Agreed. Link to comment Share on other sites More sharing options...
snakehips 0 Posted June 30, 2011 Share Posted June 30, 2011 I can't understand why the government are making so many cuts. Why not pay everyone what they want etc etc. Or maybe the reality is that there aint no money in the pot. Simple. When I heard Vince Cable saying, before the last election, public sector pensions were needing an overhaul I realised something was up. Firstly though, I'd like to see MP's have their entitlements (I beleive it's two years salary) of payments upon losing their seats stopped immediately. As for the money made for the bank bail out being enough to cover the pensions etc - surely this is a laugh? If the banks had folded the country would have gone into meltdown. And these measures are not just for today, or the next few years, but for the long term future. The current system is unsustainable. And far too many folk in this country want the wages yet don't want to do the work for it. No one will convince me otherwise of this. Too many lazy bastards. Link to comment Share on other sites More sharing options...
LeazesMag 0 Posted June 30, 2011 Share Posted June 30, 2011 Too many people living too long , needing more money over longer periods and all within a failing world economy. Things are gonna get tougher for all. sponsor terrorism Link to comment Share on other sites More sharing options...
The Fish 9007 Posted June 30, 2011 Share Posted June 30, 2011 I agree with Parky, too many people living too long. Leazes, DEADMAN, Kevin, I'm looking at you. Link to comment Share on other sites More sharing options...
Monkeys Fist 38798 Posted June 30, 2011 Share Posted June 30, 2011 I had to laugh at the barefaced cheek of my daughter's teachers. As well as striking today ( fair enough, it's legit) they are having next Monday off, as their Royal Wedding day off. This is because the wedding fell in half term, so they "missed" the extra day off the rest of us got. I shit thee not. Link to comment Share on other sites More sharing options...
LoveTheBobby 1 Posted June 30, 2011 Author Share Posted June 30, 2011 (edited) . . cook a cat *keegan-esque slump over hoardings* edit - 'temerity' Edited June 30, 2011 by LoveTheBobby Link to comment Share on other sites More sharing options...
The Fish 9007 Posted June 30, 2011 Share Posted June 30, 2011 I had to laugh at the barefaced cheek of my daughter's teachers. As well as striking today ( fair enough, it's legit) they are having next Monday off, as their Royal Wedding day off. This is because the wedding fell in half term, so they "missed" the extra day off the rest of us got. I shit thee not. Few of my mates used today wisely, they got drunk in the park with me then went to watch Mumford and Sons and Arcade Fire... Link to comment Share on other sites More sharing options...
LoveTheBobby 1 Posted June 30, 2011 Author Share Posted June 30, 2011 tell them from me - i hope they get the fuckin shits . Link to comment Share on other sites More sharing options...
The Fish 9007 Posted June 30, 2011 Share Posted June 30, 2011 tell them from me - i hope they get the fuckin shits . I won't because if you had the opportunity, you'd have done the same and you're talking out your arse if say otherwise Link to comment Share on other sites More sharing options...
Monkeys Fist 38798 Posted June 30, 2011 Share Posted June 30, 2011 tell them from me - i hope they get the fuckin shits . I won't because if you had the opportunity, you'd have done the same and you're talking out your arse if say otherwise QFT Link to comment Share on other sites More sharing options...
LoveTheBobby 1 Posted June 30, 2011 Author Share Posted June 30, 2011 fair dinkum Link to comment Share on other sites More sharing options...
peasepud 59 Posted June 30, 2011 Share Posted June 30, 2011 well it looks like I got here just in time. Im one of them bastards. Its all well and good to say that our pensions have been better than many and it would be true but that was the terms of our agreements, the terms of the contract I signed when I chose that employment over some little software house up the road, after all theres no future in Accounting software I thought The same terms that year after year have resulted in minimal, if any, pay rise always under the argument of "look at your pension, be thankful for that and the fact its a final salary, plus youve got job security so we'll not increase pay in line with inflation." Thats why Im on less money now than I was 6 year ago. The proposed changes which are being forced through are as follows: 1. Increase contribution payments by an average of 3%, Im probably looking at 4%, in real terms for me thats nearly £80 per month pay cut. 2. Move the time I can retire from 60 to 66, in other words I have to work an additional 6 years before I can claim my pension. 3. Reduce the amount I will receive when I do finally get it. As it has gone from a final salary to career average then the difference is significant. I started on about £12k, if I retire on £50k then my average will probably be about £35k, thats a drop of 30% on the amount my pension will be based on. The biggest kick though? the additional £80 per month I'll be paying isnt going into the scheme, its going to help pay off the deficit. In times of austerity when the cost of living is going up, the civil service readily agreed to a 2 year pay freeze. Now they hit us with a tax as well, purely because of who we work for. Over the last 4 years Ive had pay rises averaging around 1 - 1.5% per annum, definitely no rise for the next two years yet Im now expected to take a 4% pay cut? What makes it even worse is, because its not an actual paycut then it wont affect the likes of Child Tax Credits so those who are just over the limit will not drop below and be eligible. With the loss of £500 per annum child tax credits and then a further £900 in pension deductions that puts me £1400 per year worse off before any of the additional costs of living. Times are hard for all of us, the country is screwed however the very people who work towards getting it back on its feet, doing it with less resources and more red tape are being penalised for doing the job. Then theres the redundancy agreement, for years we've had this excellent redundancy package based on the logic that it would never get put into practice. As soon as it is required they change the terms, are taken to court and lose. So they simply change the law. Link to comment Share on other sites More sharing options...
LoveTheBobby 1 Posted June 30, 2011 Author Share Posted June 30, 2011 nowt personal pp but 'dry your eyes' from a while ago but pretty much how i see it it's harsh, but that's life unfortunately Link to comment Share on other sites More sharing options...
Matt 0 Posted June 30, 2011 Share Posted June 30, 2011 Isn't a big issue of contention that the extra people will be contributing won't even go towards their pensions? But will actually be used to pay-off the deficit? (I'm sure I read tha somewhere) DB Pension schemes are the ultimate Ponzi. Workers of the 60s / 70s were promised unaffordable perks, when they retired the pots were raided and now private and public workers are required to pay into schemes designed to benefit the older worker with the younger worker subjected to continual rounds of 'amendments' which effectively lose them their pension. I'd be supportive of these actions, but the general membership didn't vote in sufficient numbers. This is a sham. Unions are giving the Tories all the silver bullets they need. Link to comment Share on other sites More sharing options...
Matt 0 Posted June 30, 2011 Share Posted June 30, 2011 Oh, and kudos the department of "Bad News Burial" at Lloyds for their brutal timing of 15,000 redundancies being announced. Link to comment Share on other sites More sharing options...
AgentAxeman 82 Posted June 30, 2011 Share Posted June 30, 2011 I had to laugh at the barefaced cheek of my daughter's teachers. As well as striking today ( fair enough, it's legit) they are having next Monday off, as their Royal Wedding day off. This is because the wedding fell in half term, so they "missed" the extra day off the rest of us got. I shit thee not. Don't forget that in 3 weeks time they'll also have 7 weeks holiday. Truely terrible timing methinks if they want to elicit public sympathy! Link to comment Share on other sites More sharing options...
Gemmill 34593 Posted July 1, 2011 Share Posted July 1, 2011 I've got no problem with someone doing something about the fact that their benefits are being eroded in the way PP described above. Link to comment Share on other sites More sharing options...
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