Brown is an Idiot, Vote for New Ideas

[PKHUGHES100]

Ah, UKIP, now it makes sense!

Kevin

[nichola]

[/quote]

Yes but who's going to work to pay for their lovely inflation proof final salary pensions?
[/quote]

What utter rot! Public Sector workers don't get Final Salary Pension Schemes. Never did.

http://www.cspensions.gov.ie/OverviewofPublicServicePensionSchemes.pdf

And so what if they did!. A Final Salary Pension Scheme means members are paid a proportion of their salary on their retirement. The Final Salary Scheme pension you receive will be a set percentage of your final salary depending on the length of your service within the company. The amount is often calculated as a sixtieth of the (final) salary multiplied by the years of service.

But hey no need to worry because most employers got rid of their Final Salary Pension Schemes by closing them to new members years ago.

Public Sector workers also make considerable contributions to their pensions...

[stoop]

Nichola,

You are talking to someone who has dealt with Teachers/Prison Officers and many other public sector workers and their retirement plans - so I think I know what I am talking about when I mentioned Final Salary pension Schemes - but just in case you are confused please read this extract from the link you posted above:

Most pension Schemes in the public service are Defined Benefit schemes -
the pension benefits are specified or defined in the rules of the scheme. Thus
the scheme member knows the calculation formulae which will determine the
level of benefits due at retirement. Furthermore, public service schemes are
Final Salary defined benefit schemes - the benefits formulae are based on
the level of pensionable pay at retirement. The formulae are set out in the
Table below.

[stoop]

"But hey no need to worry because most employers got rid of their Final Salary Pension Schemes by closing them to new members years ago"

EXACTLY - and that is why I want to know who is going to pay for the Final Salary pension schemes that the PUBLIC SECTOR will enjoy in their retirement. You are correct though - that most PRIVATE sector employers have got rid of the very expensive Final Salary Pension Schemes because they know that they cost a fortune to provide.

[nichola]

Ok stand corrected  

- nonetheless I am glad our Armed Forces. Health Service Workers, Teachers, Carers who do, these days - did I get that right - contribute towards their pension as we wouldn't want our pensioners living in poverty would we?

[stoop]

quote:Originally posted by nichola

Ok stand corrected  

- nonetheless I am glad our Armed Forces. Health Service Workers, Teachers, Carers who do, these days - did I get that right - contribute towards their pension as we wouldn't want our pensioners living in poverty would we?

Try telling that to private sector workers who have had their pension schemes raided and ruined by this lot in government.

http://www.thisismoney.co.uk/pensions/article.html?in_article_id=502626in_page_id=6

[nichola]

oh well can't win really...

All I know is that I don't want to see anyone living in poverty and I don't care who they work for or how much they do or don't pay in or if my taxes contribute or not.

The worst thing that happened to this country is when consensus government ended (under that witch Thatcher) when it was generally believed that we should all look after each other and there was an acceptable level of living standards for all - even the rich patronised the poor...

and any one who thinks that

sink or swim
stand on your own 2 feet

me me me
self self self
oh no you have something I haven't got

attitudes makes for a caring and responsibile society - it doesn't!

[Colwyn]

quote:Originally posted by Highlander

at least two million public sector employees who serve no useful purpose whatsoever" are not my words. They are straight from UKIP's Manifesto.

I posted it because I'm not sure many people would know that.

Thank you, Michael Caine. One of the resons not many people "know" this is that it is daft number pulled out of thin air by a daft party. Their spokesperson on BBC Radio Five yesterday said the problem with Europe was a lot of unelected people in politics. He was an unelected Lord Snooty (or some such name) from our House of Lords that the Ukips had chosen to deliver this message. Hypocrisy on stilts.

[Highlander]

Preaching to the converted as far as I'm concerned Stoop.

Go on yersel

[Highlander]

quote:Originally posted by Colwyn

the quite excellent BBC election website

Out of interest I set the "Election Seat Calculator" so that the three main parties each got 33 % of the vote. This would give the following results in seats:

Labour           313
Conservatives    211
Lib Dems         102

Great system eh:(