Archive for the tag 'Public Sector'

The government have ignored PCS offers to resolve the dispute by negotiations rather than strike action. This has led to PCS members planning further industrial action on budget day next week:
Legal and Strategy Update – 18th March
The NEC meets on Thursday 25 March to plan the CSCS campaign through April. A factor [...]

2 Comments CherryPie on Mar 18th 2010

Myth # 6. The Private Sector props up the Public Sector
REALITY. The UK economy depends on a thriving public sector as well as private sector
What are the Facts?
It is not a one-way street, but a complex relationship. Public sector workers and employers pay for the vast majority of pensions in payment through contributions. But without [...]

4 Comments CherryPie on Mar 17th 2010

MYTH #5. It is unfair that public sector workers benefit from “gold plated” pensions
REALITY. The private sector is the real culprit for unfairness
What are the Facts?
The real inequality exists in the private sector, where highly paid executives receive the real gold-plated pensions. The TUC’s 2008 Pensions Watch study of 346 directors from 102 of [...]

6 Comments CherryPie on Mar 16th 2010

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 [...]

7 Comments CherryPie on Mar 8th 2010

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 [...]

5 Comments CherryPie on Mar 7th 2010

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 [...]

Comments Off CherryPie on Mar 3rd 2010

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 [...]

4 Comments CherryPie on Mar 2nd 2010

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