View Full Version : Lets have a flameout...
lacroupade
10-03-2011, 16:20
...about public sector pensions. :D
So the news today is that the public sector is finally looking at canning final salary pensions, just like the private sector has already done - mainly because with life expectancy these days they are an unaffordable liability.
So no longer will 22% of my council tax go, not towards services, but towards some "job for life" cardigans greenhouse fund.
Bring it on I say.:thumbs
(RIP) PLANK
10-03-2011, 16:55
as an ex local government officer i have to agree. In the housing dept of the council i last worked for the Chief Executive officers post was only ever held for a year or two, by the longest serving officer. So they had a final year on £120k (plus) to beef up their 'final salary' pensions. I understand it is pretty standard practise, a wasteful manipulation of the rules. Time for a change :thumb2
i do agree to a certain degree
but coupled with the other hits the public sector has taken - such as a pay freeze for 3yrs and mass redundencies, i think timing could have been better.
I work in the public sector and the fat cats always cause a bad image for the rest of us who as the same as most people who earn enough to survive
paulp
ps stop the benefit scroungers/ cheats first that will save a fortune
people in jobs where they dont get punnished for there mistakes,have nice fat pensions and retire early,dont have to justify what they do need looking at!
Deleted account DD
10-03-2011, 19:45
Non contributory final salary pensions are not acceptable. Running away from a problem by retiring is unnaceptable (btw police can not do that contrary to popular myth)
Step back in various stages eg consider a contributory final salary and theres nothing wrong with them.
You must remember that when people like me bought into them over 30 plus ago at 11% of my pay packet they were the norm and sold as such.
Its almost a breach of contract. Its like selling you your car on hp then as youve about paid it off saying sorry but the govt have ****ed up so we are taking your car off you. No different at all.
There will always be people who are poor and those who are well off. That is life. I have been fortunate to be able to buy into the middle somewhere, i anticipated being comfy.
This government needs to stop hemorrhaging money rather than rolling over the accountable grafters.
Good place to start are the scroungers. Second stop ludicrous grants like the £280 million paid to India each year..........when they've indicated they're not bothered about the aid :eek:
It will be interesting to see how much of all the reports will be implimented. Winsor & Hutton were both proteges of the bliar/brown national/international screw up era and the reports were commissioned by the discredited has beens.
if your in a job on a pension then you should keep that deal,if you join from when change is made tough tity your on deal b! unfair to take some ones pension.
Deleted account DD
10-03-2011, 19:55
if your in a job on a pension then you should keep that deal,if you join from when change is made tough tity your on deal b! unfair to take some ones pension.
I agree and it should apply across the board. When i joined it was at a time when many allowances and perks were going. That meant less money for me than someone who signed on the week before was getting but i knew what i was letting myself into so no moans.
Deleted account DD
10-03-2011, 20:06
On the subject of the demise of the private sector final salary.........tough.
Private sector are bussiness, public service are services.
Private sector work on an efficiency generated profit basis. Public sector work on publicly funded fixed budget parameters.
Far too often in the good times the private sector recipients lorded it up against the public sector lower rewarded steady aways because the private sector had loads a dosh going spare. So when the bad times hit, no point whinging, it may go around again , it may not. Chance we take.
lacroupade
10-03-2011, 20:15
I have to disagree....why should the public sector not be subject to the same budgetary constraints as the private sector? Sure there are public services involved but thats not an excuse for financial apathy - I mean why has our council tax regularly gone up by way more than inflation for example? Piss poor financial management would be one reason.
The fact is - and I know from many many years of working in or with government departments - that the average civil servant doesn't give a flying toss about tax payers money, its just numbers to them and budgets (no matter how amateurishly they were arrived at) are for spending not saving.
The private sector gets whacked both ways - not only have we never had significant job security, but we also lost our FS pensions and lots of other benefits a long time ago. And where in the public sector have there been base pay reductions such as I suffered in the private sector?
There has to be a trade-off in the public sector and historically its been job security - time to join us in the real world I'm afraid :thumb2
Deleted account DD
10-03-2011, 20:55
At no time did I suggest budgetary constraints could be ignored.
What I said was that the private sector have lorded it up in the good times and whinged in the bad.
The public sector workers have occupied the middle ground throughout. Looking on in envy when my brother in law got a bonus big enough to pay for a new vw golf and bragging about how easily he afforded some avc's, then watching a few years later when he whinged about not getting a bonus feeling hard done by. He was far from the only one in my experience. Tough shit. I chose the average non bonus middle ground for security. I entered a contract with my employers which was moral lawful but apparently not legally binding.
Public sector pensions have needed reform for many years. Many of us have advocated the government getting on with it on many occasions in the past. However as it was contentious it found its way into the "this ll make me unpopular" or "too hard" cupboard, safely out of the way.
A few years ago it would have been uncomfortable but not impossible to find the cash from other funds (eg the Indian one or the money wasted on missiles for Iraq) to rectify the problem. But they didn't have the spine.
So it dragged on and now under the guise of international economic problems its being revisited. Unfortunately all spare cash has been sent to India or bombed the crap out of Iraq.
So thought Hutton, who can fund it? well the answer when you dig in the document is actually very simple. We will take more off those we can find and we will not pay out to those who we should. That ll make cash and save cash for US the govt. Bollox to wrecked lives and plans.
Nothing at all to do with the real world, all to do with murky politics, robbing peter to pay paul , breach of contract, lack of morals and a stunning misunderstanding that the words of Petronius Arbiter were ironic not a credible bussiness plan. ;)
As far as no regard for public cash from Cservants, perhaps, from my neck of the words, not the case. I have a good cv s a fed rep and unfortunately at the moment a budget holder for being fiscally cautious with public and organisation cash :thumbs im not the only one.
Not just my industry thats getting hit badly either. An example of teachers pensions seem even worse than ours.
If our dear govt want no police to cover the streets and deal with illiterate children bunking off school theyre heading the right way because no one will go into those trades for a generation or more.
lacroupade
10-03-2011, 21:41
But...the fact is its the private sector that pays for the vast bulk of the public sector, so why should it pay heavy taxes to maintain benefits and job security that it doesnt enjoy?
And so what if it lords it up sometimes? The risk it takes over job security has to have a payoff. The downside is pay cuts, constant fear of redundancy, and downgraded benefits and pensions...things that the public sector has only recently been significantly impacted by because it has become bloated and unaffordable.
i still say less copers will create more crims,normaly law abiding citizens wont suddenly breaking the law,people who do break the law and dont get caught still wont get caught,theres a higherarcy of older crims round here all run successfull buisnesess yet have barns stuffed full of hydroponics growing skunk,one had kittens about 6-7mths ago ol bill welliwopter chasing couple crims hovering all round his area,luckily for him hes got planning tickets for a sauna in the barbn lol! you should see his haughty taughty shops in town lol if only eh!
Deleted account DD
10-03-2011, 22:08
But...the fact is its the private sector that pays for the vast bulk of the public sector, so why should it pay heavy taxes to maintain benefits and job security that it doesnt enjoy?
And so what if it lords it up sometimes? The risk it takes over job security has to have a payoff. The downside is pay cuts, constant fear of redundancy, and downgraded benefits and pensions
errr you back up my argument completely :thumb2
including the fact that there is no way the private sector and renumeration in it can be compared to the public sector :clap
As far as paying their way, so they should. Everyone else (who is accountable at least) does :nenau
.things that the public sector has only recently been significantly impacted by because it has become bloated and unaffordable.
In some areas yes, in others no. Overall not by the hand of the majority who will have to pay for it.
See my last posting for a well researched summary of how repeated administrations have screwed it up but are now rectifying it under false pretences, too much too late :nenau
You will never shift me on this one. My principles are straightforward. Fair renumeration based on the route you chose through life. Take a chance, live with it. Dont work through choice, starve. Choose steady contracted work, be able to rely on what you signed up to.
We in the public sector are being shafted.
One very annoying phrase thats repeatedly emphasised in the Hutton report is that it aims to provide "adequate" this that and the other for folk in retirement.
Bollocks to that. I want and have worked towards a good to nice standard of living in retirement. I have given 11% of my earnings for a long time into the pot. I was PROMISED, not indicated subject to stocks and shares performance, PROMISED a return on that. They are now reneging. That is wrong. It is imoral and it is breach of contract.
I could have not worked then sponged to the same retirement level. I could have spent my 11% on a leased car and drinking expensive wine every month, i didnt. I worked, I contributed to society and the economy. Now im getting ****ed over.
Deleted account DD
10-03-2011, 22:18
i still say less copers will create more crims,normaly law abiding citizens wont suddenly breaking the law,people who do break the law and dont get caught still wont get caught,theres a higherarcy of older crims round here all run successfull buisnesess yet have barns stuffed full of hydroponics growing skunk,one had kittens about 6-7mths ago ol bill welliwopter chasing couple crims hovering all round his area,luckily for him hes got planning tickets for a sauna in the barbn lol! you should see his haughty taughty shops in town lol if only eh!
Cant comment on your local situation :augie but i can assure you all decent cops ( and there are lazy crap ones out there..........bin them) carry a massive work load. Less of them means theres no capacity to take up the jobs left over. That includes prevention as well as response.
You are correct :thumb2 I can only conclude that the impact on Joe & Jo Public will be more impact from crime :nenau
One thing this govt are also overlooking is the broken window syndrome.
Its based on a well observed hypothesis that once an empty building gets a broken window and it doesnt get fixed it will attract more damage and soon become trashed. It attracts it.
The same applies to areas of crime and crime patterns. It also applies to everything else in public life from the state of the parks to the number of times your wheelie bin gets emptied.
Its a slippery slope.
must feel like a swift kick to nuts being shafted by your employer especialy when that employers your government,whod have exspected that eh! it is wrong that what youve worked towards is yanked away from you at last minute,can you do anything about it though will police have to police striking policemen/women?
extreme-4x4
11-03-2011, 18:36
Cant comment on your local situation :augie but i can assure you all decent cops ( and there are lazy crap ones out there..........bin them) carry a massive work load. Less of them means theres no capacity to take up the jobs left over. That includes prevention as well as response.
You are correct :thumb2 I can only conclude that the impact on Joe & Jo Public will be more impact from crime :nenau
One thing this govt are also overlooking is the broken window syndrome.
Its based on a well observed hypothesis that once an empty building gets a broken window and it doesnt get fixed it will attract more damage and soon become trashed. It attracts it.
The same applies to areas of crime and crime patterns. It also applies to everything else in public life from the state of the parks to the number of times your wheelie bin gets emptied.
Its a slippery slope.
personally i have little sympathy for the fire brigade when they have there seems to be annual strike over pay. especially as they are paid often not to work ,
the police you never really hear complain , and the nurses seem to have been quiet for a while, id not be too bothered or sympathetic to them if they did strike over pay...
but
reducing numbers, redundancies etc, i do sympathise with . it effects us and if we needed 50 coppers before we sure as hell will need 50 as times get tighter just looking at the social problems we are facing
but if you think about it our country is at war and we are . our country is under constant threat of terror attacks
scrapping aircraft carriers
redundancies in the armed forces
redundancies in police , health care
and god knows what else they have done or plan to
i just dont get it. talk about inviting trouble
From what I understand we, as a country, owe nearly 1 Trillion £s.
The money has to come from somewhere and there are no "easy" options.
We don't have any gold reserves - thanks Gordon.
Our manufacturing base is almost non existant - cheers Maggie.
We are no longer able to use up North Sea Gas/Oil revenues.
I reckon the coalition is just throwing ideas around getting us all prepared for when the nasty IMF forces this country to pay our tab. So far the Tories have neatly shafted the Libs making them take the flak for Student Fees and then David C and his mates will balme the IMF for forcing them to implement cuts thereby trying to deflect the voters anger.
Perhaps we should take a lead from the North Africans and actually go and do something as opposed to wearing out our keyboards and blowing froth off our pints? (After you and no pushing from the rear). :augie
Bern
Deleted account DD
11-03-2011, 20:13
can you do anything about it though will police have to police striking policemen/women?
In short no :nenau
Tbh whilst ive previously bumped my gums about getting the right & striking i probably wouldnt have. Goes against the grain.
I would say 99% of my colleagues were the same. Im not so sure now.
scrapping aircraft carriers
redundancies in the armed forces
redundancies in police , health care
and god knows what else they have done or plan to
i just dont get it. talk about inviting trouble
Agree completely. Whilst the selfish part of my brain wants my pension, I wonder what we're leaving our kids. Im afraid at the mo my conclusion is a worthless crock of shit.
(After you and no pushing from the rear). :augie
:lol:lol:lol:lol we have a few of those type.
As far as doing something about it, Ive been on every demo I could that was set up by our organsation, Ive worn out my keyboard emailing and writing letters. Not a lot more I could do.
Id like to think Id helped stopping everyone getting shafted as badly as they could be but im not sure :nenau
(RIP) PLANK
11-03-2011, 21:23
if your in a job on a pension then you should keep that deal,if you join from when change is made tough tity your on deal b! unfair to take some ones pension.
that is what they are going to do (apparently) contributions to date will be unaffected, just the ones from the change over on wards.
(RIP) PLANK
11-03-2011, 21:25
i do agree to a certain degree
but coupled with the other hits the public sector has taken - such as a pay freeze for 3yrs and mass redundencies, i think timing could have been better.
I work in the public sector and the fat cats always cause a bad image for the rest of us who as the same as most people who earn enough to survive
paulp
ps stop the benefit scroungers/ cheats first that will save a fortune
it has been suggested that the benefit fraud is a drop in the ocean compared to tax fraud - yet we don't have a report the tax cheat help line :nenau
lacroupade
11-03-2011, 23:40
it has been suggested that the benefit fraud is a drop in the ocean compared to tax fraud - yet we don't have a report the tax cheat help line :nenau
Well its like all this b/s with 'the City' worrying about bankers leaving the country if their bonuses are capped.
WTF do we need parasites like that for? Especially when Barclays, as one example, makes something like £7-8 billion squid yet pays only about £100m in corporation tax?
A sick joke is what it is.
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