Looking windswept in London
The stalwarts got up early to man the picket lines again. The temperature was only -1 today but it still felt rather chilly until the sun came out. We shared this duty with another department that occupies the building with us. Some of their colleagues very kindly brought hot coffee and [...]
Today I awoke from my slumbers at a very unearthly hour so that I could join my colleagues on the picket line outside my building. The temperature when I arrived was -5 so I was glad I had dressed with extra layers.
Hundreds of civil servants across Shropshire launched a 48-hour strike joining the 270,000 [...]
MYTH # 4. Most public sector workers retire at 60 on two thirds of their final salary
REALITY: The majority of workers joining public sector pension schemes will retire and claim their pension at the age of 65.
What are the Facts?
Many reports about pensions would lead you to believe that most public sector workers retire at [...]
Continue reading about Exploding Public Sector Pensions Myths - Part 5
MYTH # 3. The discrepancy between private and public sector pensions needs to be tackled by punishing the public sector
REALITY. We should level up pensions - not level them down
What are the Facts?
Many justify attacks on public sector pensions by the decline in the number and quality of private sector defined benefit pension schemes.
Around [...]
Continue reading about Exploding Public Sector Pensions Myths - Part 4
Yesterday, in my capacity as PCS Regional committee member along with several colleagues from Shropshire I joined other PCS members from around the country in a mass lobby of Parliament. We chose an economical and leisurely transport option by using the Wrexham and Shropshire service.
Lunchtime was a Faulty Towers-like experience where we didn’t quite [...]
MYTH #2. Savings could be made by replacing final salary (defined benefits) schemes by a defined contribution scheme
REALITY. Scrapping defined benefit pensions would mean increased public spending on public sector pensions in the short and medium term
What are the Facts?
David Cameron has proposed replacing defined benefit schemes with defined contribution schemes in order to save [...]
Continue reading about Exploding Public Sector Pensions Myths - Part 3
MYTHS AND FACTS
MYTH #1 The cost of public sector pensions is spiralling out of control.
REALITY Costs are set to increase somewhat (as are all pensions costs), but not by an unsustainable amount.
What are the Facts?
Many attacks on public sector pensions give a huge number for the cost of future liabilities. But they rarely explain what [...]
Continue reading about Exploding Public Sector Pensions Myths - Part 2
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