The Virtual Pub
Come Inside... => The Commons => Topic started by: Snoopy on June 18, 2011, 09:44:08 AM
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'The biggest walkout since the general strike': Union chief warns of action over pension reforms
Dave Prentis, the general secretary of Unison, has now vowed: 'It will be the biggest since the general strike. It won't be the miners' strike. We are going to win.'
Methinks he should read his history books whistle:
The 1926 general strike in the United Kingdom was a general strike that lasted nine days, from 4 May 1926 to 13 May 1926........ It was called by the general council of the Trades Union Congress (TUC) in an unsuccessful attempt to force the British government to act ....blah blah blah....
Public service workers not working? Will we even notice?
On 4 May 1926, the number of strikers was about 1.5 - 1.75 million
Let's not forget this is only UNISON ....... Belgium has been without a Government for a year now and when I was there two weeks ago I saw nothing to indicate that the place was any worse than it has been since I first saw it in 1964.
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It'll be great if they all walk out and nobody notices... lol: lol: lol:
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Public service workers not working? Will we even notice?
That old gem eh evil:
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Public service workers not working? Will we even notice?
That old gem eh evil:
Present company excepted obviously Miss D.... whistle:
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Indeed ...how many full time workers do we have on the board whistle:
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Indeed ...how many full time workers do we have on the board whistle:
Apart from you and TMR...? rubschin:
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and JOM , possibly Tipsy but she is a bit of a law unto herself rubschin:
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surrender:
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and JOM , possibly Tipsy but she is a bit of a law unto herself rubschin:
You, TMR, JOM and a bit Tipsy then...? Shrugs:
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Tipsy is nuts noooo:
I like her cloud9:
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Indeed ...how many full time workers do we have on the board whistle:
Wrong question. It should be:
How many public service workers do we have on the board?
Anyway, all they are doing is trying to protect their pensions. I cannot fault that but the simple fact is that those pensions aren't sustainable.
Many years ago, like everyone in the company, I was on a final salary scheme with retirement at 58 on the average of the last final three years salary. Great, but it became clear to the trustees that the company could no longer afford it. Although I wasn't a trustee I was aware of the costings. So we went over to a money purchase scheme. Lumpsums were transferred, the company provided free financial advisers and we looked after our own pension provision. If we hadn't the company probably couldn't have continued. There just wouldn't have been enough income to maintain those who would/had retired.
Same goes for the public sector, except that there is a misplaced belief that the income (from taxes) would always fill the gap. It's no longer true. The public sector has grown and, although many will deny this, their salaries have risen faster than the private sector. It's hard to face reality, especially if you've been protected from market forces during your employment.
So, there will be big strikes, people will notice and will be inconvenienced but ultimately reforms will take place and people will realise that to get a reasonable pension they will have to make a proper provision.
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Excellent post Uncle
For the record I worked for local government for 33 years paying into a pension. The last twelve of those I was effectively contracted out working for a large worldwide consultant in the private sector, so I've seen both sides from close hand. I have to say I saw more bone idle f*****s and unecessary bureaucracy in the consultancy than I'd ever seen in local government
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I am happy to say I worked for a company that never employed any "bone idle f*****s" (at least not for long)
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Got rid of them all now have they ? ;)
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Got rid of them all now have they ? ;)
Naughty Miss D!
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Got rid of them all now have they ? ;)
They never caught me out. whistle:
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Snigger (http://newsthump.com/2011/06/15/private-sector-workers-regularly-get-shafted-so-its-only-fair-you-should-too-government-tells-public-sector/)
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A few interesting facts:
Police Pension Scheme
The Police Pension Scheme has no assets to cover its liabilities. Assets in the Support Staff Pension Scheme are valued at fair value, principally market value for investments.
The movement on the net pension liability for the four years ended 31 March 2006 is as follows:
2002-03 2003-04 2004-05 2005-06
Net Pensions Liability at 31 March -407,620 -515,630 -722,750 -902,030 all x 1000£
i.e. The tax payer’s liability for Police pensions in North Wales has increased by a factor of 2.2 in only 4 years and is approaching £1billion.
This figure is met by our taxes ..... Note how it compares to the cost of actually providing the operational side of the police service:
North Wales Police --- Vital financial statistics
Total Expenditure £000 in …. 2004-5 2005-6 %Change
Division of Service Crime 50,840 54,969 + 8
Policing Communities 64,582 73,491 + 14 (GOOD NEWS!)
NET COST OF SERVICE 115,341 129,678
GROSS COST OF SERVICE 151,261
NET OPERATING EXPENDITURE 146,502 166,978
GROSS OPERATING EXPENDITURE 190,706
SENIOR OFFICERS' EMOLUMENTS
The following number of employees have received remuneration within the given bands of £60,000 or
more for 2005-2006. Remuneration for these purposes includes all sums paid to or receivable by an
employee, and sums due by way of expenses & allowances chargeable to UK income tax,.
Remuneration Bands Number of Employees Rank
2004-5 2005-6
£ 60,000 - £ 69,999 8 17 CS
£ 70,000 - £ 79,999 2 3 CS
£ 80,000 - £ 89,999 1 1 ACC
£ 90,000 - £ 99,999 1 1 DCC
£110,000-£119,999 1 0 CC
£120,000-£129,000 0 1 CC
So policing the streets of North Wales cost £190,706million
Whilst the provision of pensions for "retired" policemen cost £902,030million
Completely unsustainable for an area with a resident population of only 670,000. In 2010 tourism (the major income source in the area) produced an estimated £1.8 billion.
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A few interesting facts:
Police Pension Scheme
The Police Pension Scheme has no assets to cover its liabilities. Assets in the Support Staff Pension Scheme are valued at fair value, principally market value for investments.
The movement on the net pension liability for the four years ended 31 March 2006 is as follows:
2002-03 2003-04 2004-05 2005-06
Net Pensions Liability at 31 March -407,620 -515,630 -722,750 -902,030 all x 1000£
i.e. The tax payer’s liability for Police pensions in North Wales has increased by a factor of 2.2 in only 4 years and is approaching £1billion.
This figure is met by our taxes ..... Note how it compares to the cost of actually providing the operational side of the police service:
North Wales Police --- Vital financial statistics
Total Expenditure £000 in …. 2004-5 2005-6 %Change
Division of Service Crime 50,840 54,969 + 8
Policing Communities 64,582 73,491 + 14 (GOOD NEWS!)
NET COST OF SERVICE 115,341 129,678
GROSS COST OF SERVICE 151,261
NET OPERATING EXPENDITURE 146,502 166,978
GROSS OPERATING EXPENDITURE 190,706
SENIOR OFFICERS' EMOLUMENTS
The following number of employees have received remuneration within the given bands of £60,000 or
more for 2005-2006. Remuneration for these purposes includes all sums paid to or receivable by an
employee, and sums due by way of expenses & allowances chargeable to UK income tax,.
Remuneration Bands Number of Employees Rank
2004-5 2005-6
£ 60,000 - £ 69,999 8 17 CS
£ 70,000 - £ 79,999 2 3 CS
£ 80,000 - £ 89,999 1 1 ACC
£ 90,000 - £ 99,999 1 1 DCC
£110,000-£119,999 1 0 CC
£120,000-£129,000 0 1 CC
So policing the streets of North Wales cost £190,706million
Whilst the provision of pensions for "retired" policemen cost £902,030million
Completely unsustainable for an area with a resident population of only 670,000. In 2010 tourism (the major income source in the area) produced an estimated £1.8 billion.
That is quite scarey. I don't suppose it is far from the norm either.