Saturday, January 26, 2008
Here we go again! We will die on poverty!
Yet again the money purchase pension schemes, that so many of us depend upon, are heading for trouble. Still rest assured Gordon pension is safe!! Or is it? Should we not start demanding that MP pensions be changed from the inflation proofed, final salary scheme, to a money purchase scheme? This would then make the MP behave in a sensible manner. Of course we will also have to limit their pay rise to CPI (not RPI) and limit their expense claims to say 10,000 quid/annum! Oh and Gordon I have not forgotten that to date you have stolen 100billion quid from the pension funds!