not as true as you think
plus how is it fair for people to have paid certain amounts into a pension then at the end get told "oh lol! we were joking, you get considerably less now"

also, private sector pensions are nowhere near as high as people think.

There's a bunch of other issues involved with the lecturer rallies, too, like their intentions to try and get more private involvement in colleges.
( Citizen Cavy Admires your passion for conformity, Wed 29 Jun 2011, 16:34, 1 reply, 15 years ago)

I guess you mean public sector pensions in the middle of that?
Anyway, A agree that it is shit for those people newar to retirement, but younger people just need to swallow it I'm afraid. My company pays a piddling 4% into my pension matching my contribution, ie fuck all.

The public sector pension bill and PFI's add up to an absolutely huge amount of money that is due in the future and these aren't even counted against the debt figures quoted today. It is the elephant in the economy and with robust action will ruin us, just look at Greece for an admitedly extereme example
( Naked Ape call me Caitlyn, Wed 29 Jun 2011, 16:39, Reply)

yeah, I did, sorry, sleepy
for me it'll mean I have to pay £80 or something more a month for about 3 or 4 grand less per year when I retire. I think it's supposedly about £6000 a year (equivalent...unless they change that too :)).

The great stat that I learnt from this, though is that teachers tend to die much sooner after retiring than pretty much any profession yay :(
( Citizen Cavy Admires your passion for conformity, Wed 29 Jun 2011, 16:43, Reply)

actually, it will be a lot less that that for me
I forgot, I didn't start paying in until I was about 30. Shitbags.
( Citizen Cavy Admires your passion for conformity, Wed 29 Jun 2011, 16:44, Reply)

Greece is not an example of not addressing pensions
it's an example of not paying any tax and totally mismanaging the economy. That can't happen to us, and to suggest it will if they go on strike is just scaremongering.
(Bazongaloid, Wed 29 Jun 2011, 16:47, Reply)