Outside the marginals

a commentary on the politics that followed the UK 2010 & 2015 elections

Public Sector Pensions

So the public sector workforce does not like the idea of having to contribute more to their pensions.

Tough.

  • Their pensions are guaranteed by the state – no chance of their schemes going bust
  • Their schemes are unlikely to be closed
  • Seven years ago my private sector pension increased contributions to maintain benefits
  • They have now closed the scheme
  • I have now been made redundant, so am no longer able to contribute to any scheme, so am not accruing any pension for when I am retired.

So stop moaning, pay up and be grateful.

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