Friday, Feb 16, 2007
Gordon Brown's fair and equal society with oppurtunities for all
Guardian: A guaranteed pension is like striking gold - here's where to work to get one
Phillip Inman investigates the huge gap between the haves and have-nots in retirement.
Posted by sovietuk @ 10:15 AM (164 views) Add Comment
11 Comments
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1. cyril said...
"MPs...have clung to their gold standard scheme which pays two-thirds of their salary after little more than 20 years in the job."
I suppose they would argue that you need the generous pension scheme in order to attract such high calibre people into serving their country
2. rich said...
I doubt Norman Baker was attracted by the money:
http://news.independent.co.uk/uk/politics/article2271651.ece
Peter "Mendacity" Mandelson on the other hand...
http://books.guardian.co.uk/reviews/politicsphilosophyandsociety/0,,1473984,00.html
3. tyrellcorporation said...
I just got my council tax bill through today, 1850 quid a year and they had the nerve to include a nice glossy brochure saying how that money was being frittered away. Cue, lots of photos of smiling ethnic diversity officers, fire-persons, police-persons and teachers with copious amounts of facial hair and dressed in subtle grey clothing.
Glad to see someone is benefitting from NLs client state!
Nobody is paying for my retirement - not even me!
4. Retired Banker said...
So 5 years in a final salary scheme can give a pension of 10% of earnings, in which case the normal maximum of 40 years service
would give a pension of 80% of final salary. I think not.
Many other mistakes and half-baked assertions in this article. One would expect better from a quality paper like the Guardian.
5. larry pickleman said...
At least the MP's here pretent to do something, the Northern Ireland MP's get paid to argue about why they can't yet work together and run their own region.
6. dohousescrashinthewoods said...
Yes, although here they busy themselves implementing vastly expensive policies that people not only don't support, but strongly oppose and which, if they go ahead, end up coming back to the people in the form of inflationary council tax requests.
- Satellite tracking of every movement of every vehicle in England, supposedly not because we're a police state but because they want to tax us for moving about.
- Identity cards which any terrorist will fake and which can be used to identify any joe public who exercises a democratic right to dissent (I guess in trouble then..).
- Nuclear power stations, which, whilst they have some benefits, would leave us with hundreds of years of radioactive legacy on top of a hefty tax bill.
How to Win Friends and Influence People: (1) decome genuinely interested in other people and (4) de a good listener.
(http://www.westegg.com/unmaintained/carnegie/win-friends.html#two)
Why have we fallen out with the government..?
7. Cstanhope707 said...
Time for a revolution just vote out your local sitting MP at the next election no matter who it is....
8. enuii said...
Pensions are an even bigger scandal than the price of housing in this country, indeed the cost of the latter detracts most people who have to make their provison from doing so adequately. How many people realise that a £100K Pension pot will only generate about £5K/yr when converted into an annuity? How many can afford to put 20% of their salary into a pension fund at the mercy of the stock market whilst still trying to pay a large mortgage and live! Not many which does not bode well for the future of UK Plc.
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