The 2010 Emergency Budget thread

[Wildcat]

I wouldn't worry about it. According to wildcat in post 298 there is no black hole in public sector pension schemes. So if the government were to announce that no money from the public purse would be used to top the funds up, the folk in those schemes would have nothing to complain about.:hihi:

 

You quite clearly don't have a clue about what you are talking about.

 

Public Sector pension contributions go to the Treasury to be invested in public expenditure, including subsidies for your private sector pensions. It is perfectly sensible that they do so, it makes direct use of the contributions for the immediate good of the country.

[Tony]

the folk in those schemes would have nothing to complain about.:hihi:

 

Literally.

[Wildcat]

The contribution is about 8% of basic salary, that is ontop of NI payments, so where all this codswallop has come from about them being free I do not know.

 

Well, I do know actually, it is just another barefaced lie told by the shysters trying to run a divide to conquer regime, and you piecans are falling for it.

 

Ignorance and jealousy about the public sector on here from some is bizarre.

[Bigthumb]

Ignorance about the public sector on here from some is bizarre.

 

Yes. By you.

[Bigthumb]

You quite clearly don't have a clue about what you are talking about.

 

Public Sector pension contributions go to the Treasury to be invested in public expenditure, including subsidies for your private sector pensions. It is perfectly sensible that they do so, it makes direct use of the contributions for the immediate good of the country.

 

You do talk tripe. Gordon Brown was nicking £5 billion a year out of private pension sector pensions not putting it in.

 

http://www.timesonline.co.uk/tol/money/pensions/article1593939.ece

 

Gordon Brown defied repeated warnings from his own officials about the potentially devastating impact of his £5 billion-a-year raid on pension funds and went ahead with it regardless, The Times can reveal.

 

Pensions campaigners described the revelations — the result of a two year battle by The Times — as an absolute disgrace, and said that it showed the Chancellor “knowingly set about destroying” Britain’s pensions system.

[mack69]

Ignorance and jealousy about the public sector on here from some is bizarre.

 

you tell em wildcat

[Guest sibon]

Question:

 

Should public sector workers pay for their own pension schemes just like private sector workers?

 

Answer: Yes, including employer contributions.

 

Another question:

 

What should we do with the NHS pension surplus?

 

And another one:

 

What would be the economic effect of all current public sector workers transferring their pension funds to the private sector?

[Tony]

First, what is done with the NHS pension surplus?

[Guest sibon]

First, what is done with the NHS pension surplus?

 

Like all public sector pension payments from employer, or employee... it ends up in the big money hoover wielded by the Government of the day.

[Tony]

What would be done with it if it were a private sector pension?