"They are saying that because private sector pensions are low you can't expect the private sector to pay more at the expense of their pensions and financial security just so the public sector can continue to have their larger pensions because that is what you are asking them to do".
Niecie, please get back in touch with me in a few years time and show me all the private sector employees who will be better off and who will be able to save for their pensions all because of the public sector pensions being worth less. Sorry, but I don't think that is going to happen!
You aren't getting it are you? I said that private sector pensions won't go up if yours go down. The two aren't interconnected in that way. There is no money in the pot. People are living longer and not saving enough for their pensions. The public sector are asked to pay more to compensate for this, just like the private sector are already doing, often out of their own pockets. If the public sector don't pay more but still want their pensions maintained where do you think the money will come from? I'll answer for you because you aren't getting it - it has to come from increased taxation. Who generates the profits and income for taxation - the private sector. Since the average salary is £19k after you take out the top 1% or something o exceptionally high earners what you will see is that the people who will be suffering this extra tax to meet pension shortfalls in the public sector will be people who are earning less than teachers. That isn't fair.
Some of you want to tax the banks and/or bankers (the terms aren't interchangeable by the way, they are different things). Half the banks have made losses this year. They won't be paying any tax at all for a while. Taxing banks will also mean that the additional cost to them of the tax will be passed on to the customers - that is you and me.
You are having a laugh now surely if you think changing employment law will improve private sector employees? pensions too. 60% of private sector employees work for SME's (not the big banks which so many of the public sector workers seem to think we all work for). 97% of SMEs employ less than 20 people. If you know anything about pensions at all you will realise that it is completely unaffordable for most SMEs that small to provide a pension plan for their employees. It just isn't going to happen because money doesn't grow on trees. Very often in employment law, the legislation allows an exemption for companies with less than 20(ish) staff because it is unworkable. So where are those 14 million people going to get this money you seem to think is rightfully theirs if only they complained?
Look this is all getting silly and somewhat tedious given that half of you aren?t even bothering to read what I have written now. I shall be hiding the thread. Carry on with your little strikes if you want to but they aren?t going to change anything. No government likes to be held to ransom, especially as talks haven?t yet been completed. Who says the Government isn?t listening by the way? Just because they aren?t agreeing with you, doesn?t mean they aren?t listening. You have taken industrial action way too soon and damaged your negotiation position but carry on if you want. Your loss.