Home > Off Topic > The strikes |
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GregP Member Since: 11 Dec 2010 Location: Exmouth Posts: 1084 |
Thats your opinion, but is not neccessarily accurate. How do you actually know this will make a big enough difference to the financial situation? Plus, surely some people that have been working in the public sector for 20-30 years have been paying into this pension long before labour got involved. Every single post on this thread is an opinion, no one knows for sure all the in and outs of the current financial position we are in and what actual impact the pension changes would make. All we see if what the media show us, and I for one think they talk every single day! FFRR TD6 HSE Adriatic Blue with Parchment leather. |
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29th Nov 2011 2:28pm |
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mzplcg Member Since: 26 May 2010 Location: Warwickshire. England. The Commonwealth. Posts: 4029 |
Hmm, contracts can be re-negotiated, as indeed they are frequently in the private sector. Still, it's not slavery so the employees are free to vote with their feet. How many people in the private sector have had year on year pay rises through the last 4 years? It's an economy and the books have to balance.
Quite correct. It was 15 years of the government spending more than they had which did that. |
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29th Nov 2011 2:39pm |
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GregP Member Since: 11 Dec 2010 Location: Exmouth Posts: 1084 |
yes, plus there are too many people living on a small island, with a growing percentage of those people doing very little to support the countrys development. Thats my issue, everyone that works (private and public sector) does their bit to support the countries development yet its always us that seem to get stitched up to fill the holes caused by those that sponge off the state. Well this time I'm making some noise!! FFRR TD6 HSE
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29th Nov 2011 2:47pm |
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M44K TS Member Since: 09 Feb 2010 Location: North East U.K. Posts: 1325 |
+1 Add to that the money the UK so quickly sends to other countries that could be better spent here, for example, £144m to Pakistan last year, £23m to Haiti, £1b to the 2nd bail-out of Greece. I know it sounds harsh, but shouldn't we be concentrating on fixing this country before handing out money all over the world? I know the Greece bail out would have affected us quite a bit but what the Government seems to forget, is we're only a small country that's struggling with our own finances. 2006 Mercedes CLS 1991 Retro-style Mini But really finding it hard to fight the urge for a S/C... |
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29th Nov 2011 4:01pm |
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bozmandb9 Member Since: 06 Dec 2010 Location: Wallingford, Oxfordshire Posts: 1020 |
Ahaa, as I predicted, the 'stop sending aid overseas' argument.
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29th Nov 2011 4:28pm |
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mzplcg Member Since: 26 May 2010 Location: Warwickshire. England. The Commonwealth. Posts: 4029 |
There's a lot of emotional argument both ways going on here, but as said above, polling a bunch of Range Rover owners probably isn't representative of society as a whole. In fact, most of those on strike tomorrow would probably look at us as being the ones they're against.
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29th Nov 2011 7:21pm |
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GregP Member Since: 11 Dec 2010 Location: Exmouth Posts: 1084 |
This is really hotting up now
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29th Nov 2011 7:59pm |
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stan Site Moderator Member Since: 13 Jul 2010 Location: a moderate moderated moderator moderating moderately in moderation Posts: 35412 |
shops will be busy tomorrow... |
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29th Nov 2011 8:02pm |
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letsavit2 Member Since: 16 Oct 2010 Location: essex Posts: 854 |
Been running my own company for 6 years now. At the moment I'm about 50% down in salary, have no sick pay, no time to go on holiday and no pension, i'm just trying to tick over. If i don't win my next tender ill have to shut my company down and find another job.
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29th Nov 2011 8:21pm |
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Vogue Member Since: 31 Jan 2008 Location: on the hill Posts: 3753 |
well said many of us don't have the luxury of striking |
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29th Nov 2011 8:44pm |
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mzplcg Member Since: 26 May 2010 Location: Warwickshire. England. The Commonwealth. Posts: 4029 |
The problem with that statement is that "IT" doesn't actually exist anywhere. There is no fund behind public sector pensions. The government take your money as contributions and use it in their general coffers, and they pay those of pensionable age from the same place, those general coffers. All that is kept is a ledger of IOU's for a pyramid scheme which is going bust. If something's going bust there is only one way to save it, more in and less out. Now, if you had a private pension, or a property portfolio for use as a pension you would have something tangible. But what you actually have is a perk which goes with your contract of employment. As we all know, perks are not guaranteed and contractual terms can be re-negotiated at any time. The difference is, when you already have a fund, re-negotiations are not retrospective. So the trade off for having such high paying pensions is a larger risk of the system failing, no? That's only a commercial risk, one which pension fund managers take every day. It really is going to take the whole thing going bust to make people see this I think. Or perhaps re-align contributions to the reality of what the thing actually has to pay out, which is what's causing the fuss. Honestly, anyone who doesn't see this isn't looking very hard. Which would you prefer, 80% of something decent or 100% of nowt ?? Because the cold hard reality is that it will fold unless some fundamental changes are made. And then everyone's contributions will have been in vain. Which brings me back to why there should be a proper fund behind it. So, do I understand? Yes. Am I sympathetic? Kind of. It's not pleasant but it is inevitable. Do I support the strike? No. Absolutely not. |
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29th Nov 2011 8:54pm |
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kingpleb Member Since: 07 Jun 2011 Location: Maybe here. Maybe there, I get everywhere! Posts: 8455 |
Quite simply put, if you keeping helping everyone else and dont look after yourself you fall into the same hole as the people you are trying to help. As above we are a tiny country in size and need to concentrate on resolving our own issues out first before we can give loads of help out to others. Fair enough while we have spare troops when they pull out of afghan and so forth we can put them on short tours abroad to help out in disaster zones and likely serve very well compared to throwing some money at the problems. |
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29th Nov 2011 9:08pm |
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dazsear Member Since: 23 Jan 2011 Location: Lincolnshire Posts: 68 |
Anyway we should all get into banking......get paid silly amounts, claim an even bigger anual bonus....bigger than most public sector workers will get as their salery.....make brave/stupid decisions with the money at work since its not yours......oh and if you do up with your decision making fear not since the public will bail you out! Even once you have been bailed out keep up with the bonus culture, you know it makes sense!
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29th Nov 2011 9:12pm |
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kingpleb Member Since: 07 Jun 2011 Location: Maybe here. Maybe there, I get everywhere! Posts: 8455 |
The root of the problem then is that workers have been paying into the scheme which has then been poorly managed and not made into a fund, correct?
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29th Nov 2011 9:25pm |
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