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Politics
Original poster

Public Sector Pensions

30 replies

Fluffyone · 30/04/2010 18:38

Trying to make up my mind about this whole issue, and also to find out what each of the major 3 parties intend doing about them. It's an issue that must be affecting a large number of people in the country?

OP posts:
Bumperliouzzzzzz · 30/04/2010 19:08

I'm, with onadietcokebreak.

Igglybuff · 30/04/2010 18:53

Also many public sector workers are on pretty poor pay, they don't get massive bonuses and do a service to the country.

I'm more peeved at billions being shelled out to the bankers than the public sector pensions. And at billions wasted on PFI deals.

Anyway, the quoted cost of public sector pensions is based on actuarial assumptions - i.e. projecting future cash flows based on various probabilities.

Lonicera · 30/04/2010 18:47

The Civil Service Final salary scheeme was closed to new entrants in 2007. New Civil servants have a 'career average' scheme.

OP what exactly do you think should be done?

Igglybuff · 30/04/2010 18:43

What do you mean? The cost of them?

onadietcokebreak · 30/04/2010 18:42

Hands off my pension is what I say! We have already had enough cuts and this is the only thing that keeps many civil servants in service.

The pay is rubbish compared to private sectors and other perks like flexi time are being eroded.

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