Quizzes & Puzzles10 mins ago
Public Sector Pensions
Saw in the papers that on average we are all paying (shock horror) �300 a year for public sector pensions.
What's all the fuss about...if you spend any money in the country you're contributing to somebodys pension.
Answers
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For more on marking an answer as the "Best Answer", please visit our FAQ.I believe the Government had to give way to the Public Sector workers because on commecing work all employees had to sign a contact of employment which gave an age at which they would retire. As this is legally binding the Government could not move the goal posts for current employees. New empolyees will sign new contracts.
I was a public sector worker but had to retire early due to ill health, just before I retired a new supermarket opened in town the hourly rate they paid for a shelf stacker was more than my hourly rate, and I was not on the lowest grade and was at the top of my payscale.