I was curious about these big pensions you all keep talking about. Is this it?
The median average salary-linked public sector pension that is currently being paid out to a pensioner, is worth £5,600 a year.
http://www.bbc.co.uk...siness-15925017
Total bollocks
Mine
(I'm early 50s)
Has so far given me well into 6 figures so far
That's index linked final salary - stopped quite a few years ago because the particular scheme was unaffordable
FWIW I was under middle rank so the higher ranks must be pulling much more
( Note to crabs, it was earnt and is now paid for by the evil empire across - I'm manx but actually left to get work as there was fuck all here at the time - as many of us did - feel free to clack your claws and mention the boat anyway)
Mind you it wasn't earnt by counting paperclips or sharpening pencils
Incidentally the contribution rate was considerably higher than the new rate being introduced here as a reform - which anyone who actually knows the score will realise still exposes future generations to a huge liability.