Country is on its arse they can’t see it, And they’ll get the hammering at the polls they deserve next year!!
I actually think they intentionally want to ignore it/allow it to happen. Milk what they can out of it then fuck off and watch it burn from the sides.Oh they can see it.
They just haven't got a fucking clue how to fix it because they're all just utterly incompetent and out of their depth.
If he wants to eradicate private schools the quickest way would actually be to award state schools a bumper pay rise.
Do you mean employer contributions?im not trying to create an argument here but out of interest Would you accept a 12% pay rise if pension contributions reduced to 11%?
Do you mean employer contributions?
The argument would be it reducing from 23.8% to 11% - so a 12% pay rise for this year and a commitment to an inflation matching pay rise every year for the foreseeable?
The argument would be it reducing from 23.8% to 11% - so a 12% pay rise for this year and a commitment to an inflation matching pay rise every year for the foreseeable?
Knowing that my pension is still over 20 years away, for others even longer - would that sway it?
Isn't around us - more cuts on the way!I think a major issue across the public sector - if the figures are correct - is that a job for life philosophy is created.
Isn't around us - more cuts on the way!
Course notI assume that’s an independent assessment is it?
The argument would be it reducing from 23.8% to 11% - so a 12% pay rise for this year and a commitment to an inflation matching pay rise every year for the foreseeable?
Knowing that my pension is still over 20 years away, for others even longer - would that sway it?
Yeah, "job for life in the public sector" is just a lazy trope that bears semblance of the reality of the public sector.Isn't around us - more cuts on the way!
When I was in the civil service the employer contribution was about 18% but I think it's decreased. NHS scheme is higher. Of course this is the price for often paying professional people less than they might get in the private sector.Well that’s the question yes.
I think a major issue across the public sector - if the figures are correct - is that a job for life philosophy is created. If it’s 23% that’s bonkers
Workforces are more transient now so if I was in government I’d give the wage rises and slash pension contributions to normal levels. You can’t babe inflation pay rises and gold plated pensions but I think that’s a reasonable compromise
Final salary pensions went years ago G, keep up mateim actually interested in the discussion as companies like JLR have an RPI plus 3% rise for track workers and it’s 14% which they’ve tried to get out of but i think will pay
However the final salary pensions were scrapped and a private scheme through Zurich was installed. It’s a compromise
So will public sector unions agree the same philosophy? Lynch demanding no redundancies is stupid - no private company would do that
I'm over 30 years away from retirement, so I'd stand to lose more from an inferior pension. Current teacher's pension scheme runs at 23.8% from the employer. Considering my wage rises get swallowed up by student loan repayments, I'd rather have a better pension.im not trying to create an argument here but out of interest Would you accept a 12% pay rise if pension contributions reduced to 11%?
I thought civil service pension was at 27%?When I was in the civil service the employer contribution was about 18% but I think it's decreased. NHS scheme is higher. Of course this is the price for often paying professional people less than they might get in the private sector.
I'm over 30 years away from retirement, so I'd stand to lose more from an inferior pension. Current teacher's pension scheme runs at 23.8% from the employer. Considering my wage rises get swallowed up by student loan repayments, I'd rather have a better pension.
Final salary pensions went years ago G, keep up mate
I want the government to spend more on education full stop-we are ahead only of the USA in the first world in how we value education as a society.So you want both? Wow
I want the government to spend more on education full stop-we are ahead only of the USA in the first world in how we value education as a society.
Maybe I'm wrong as I've not seen a statement for nearly 10 years but I'm sure it was 18%.I thought civil service pension was at 27%?
Iirc they started to talk about changing final salary to career average under the last Labour governmentJLr was 5 years ago and an agreement of RPI plus 3% was part of the negotiating compromise
Yeah, "job for life in the public sector" is just a lazy trope that bears semblance of the reality of the public sector.
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OECD: expenditure per student on education 2020 | Statista
Out of the OECD countries, Luxembourg was the country that spent the most on educational institutions per full-time student in 2020.www.statista.com
MP's routinely get above inflation pay-rises and defined benefit pensions.So you want both? Wow
Thanks to Tory austerity from 2014 FSPs in local government became average salary pensions. Moving the goalposts is a classic Conservative & Unionest Party trick. Imagine if they tried that with the Bankers and MPs.Iirc they started to talk about changing final salary to career average under the last Labour government
Thanks to Tory austerity from 2014 FSPs in local government became average salary pensions. Moving the goalposts is a classic Conservative & Unionest Party trick. Imagine if they tried that with the Bankers and MPs.
From memory I think Brown fucked pensions/FSPs for the private sector and contributed to them becoming unaffordable (although ultimately I believe they would’ve been finished long term anyway due to people living longer). So why shouldn’t public sector follow suit…if they’re unviable/unaffordable due to people living longer and pension rules/regs, of course they need to change.
Brown defied warnings over pension tax relief | Business | The Guardian
Gordon Brown was warned by officials that he risked long term damage to Britain's occupational pensions industry when he pressed ahead with a £5bn a year cut in tax relief in his first budget.amp.theguardian.com
I do agree that MPs should’ve sacrificed theirs first to lead the way though
I read a suggestion recently that public sector and nurses in particular should be able to flex their emp’ers contributions a bit over an agreed period to free up a higher basic wage. Most need the cash now so this makes sense
So your plan to help the serious problem recruiting and retaining people in core public services is…slash the pension?
They did.Iirc they started to talk about changing final salary to career average under the last Labour government
No, I was responding to the point that it was Tories austerity that ended FSPs, it wasn’t. It was successive governments but triggered by browns changes to pensions rules.
My point was that some people might need to use some of their Employer pension contributions now, in which case why not be able to flex them to provide a higher basic wage during certain periods ?
All I know is that when my wife started work as a civil servant almost 25 years ago she was getting a 26% contribution. Between her job being moved around different areas of the civil service, then being contracted out to different private companies because she went part time when we did the greatest service to the country in supplying our replacements to society having now “chosen” to go back full time now our replacements are older to help with the effects of the cost of living on our household she has had to sign a new contract so her new pension contribution is now up to 9%. Her dept is currently running with less than half the staff they need as they can’t attract new employees with the pay they’re offering before you even get into terms and conditions, it a highly qualified job requiring a specific degree (or recognised equivalent) in the field and any potential new employees could literally go and drive a forklift for more money. Oh. And she hasn’t had a pay rise in ten years because she’s on the highest pay grade for her job.
Why the fuck would anyone now choose to enter into working in the public sector.
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