GD4ELI Posted January 13, 2017 Share Posted January 13, 2017 The reality is there is little choice now other than to cut costs. Plus we have a health crisis, and are rapidly heading onto an education crisis to follow. Best watched from afar I fear Link to comment Share on other sites More sharing options...
Andy Onchan Posted January 13, 2017 Share Posted January 13, 2017 The reality is there is little choice now other than to cut costs. Plus we have a health crisis, and are rapidly heading onto an education crisis to follow. What education crisis? Link to comment Share on other sites More sharing options...
Non-Believer Posted January 13, 2017 Share Posted January 13, 2017 The reality is there is little choice now other than to cut costs. Plus we have a health crisis, and are rapidly heading onto an education crisis to follow. There's still pickings to be had for the few...nothing'll be done yet. Whilst people can still pull £200k a year out of the system why would they? Link to comment Share on other sites More sharing options...
Bobbie Bobster Posted January 13, 2017 Share Posted January 13, 2017 The reality is there is little choice now other than to cut costs. Plus we have a health crisis, and are rapidly heading onto an education crisis to follow. Best watched from afar I fear You've got my vote! Link to comment Share on other sites More sharing options...
notwell Posted January 13, 2017 Share Posted January 13, 2017 The reality is there is little choice now other than to cut costs. Plus we have a health crisis, and are rapidly heading onto an education crisis to follow. Best watched from afar I fear Or you can be sat in the middle of it like you are already. Link to comment Share on other sites More sharing options...
Albert Tatlock Posted January 13, 2017 Share Posted January 13, 2017 The reality is there is little choice now other than to cut costs. Plus we have a health crisis, and are rapidly heading onto an education crisis to follow. What education crisis? Funding and recruitment...according to head of NUT visiting here this week. Link to comment Share on other sites More sharing options...
Andy Onchan Posted January 13, 2017 Share Posted January 13, 2017 The reality is there is little choice now other than to cut costs. Plus we have a health crisis, and are rapidly heading onto an education crisis to follow. What education crisis? Funding and recruitment...according to head of NUT visiting here this week. It's not just IOM Albert, it's the same situation across most of Europe. More funding = recruitment = pay more tax. Link to comment Share on other sites More sharing options...
P.K. Posted January 14, 2017 Share Posted January 14, 2017 The PSPA is a fucking sick joke. From the quite appallingly left-wing BBC http://www.bbc.co.uk/news/business-38609422 Bottom line - the average UK household spends £21,770 pa. Therefore to achieve a pension of £20k pa you need to start paying in 14% of your salary starting no later than age 25. Now, what changes are they going to enforce to make it sustainable? Too little too late imho. There are already far too many retired on far too much public money. 3 Link to comment Share on other sites More sharing options...
notwell Posted January 14, 2017 Share Posted January 14, 2017 The PSPA is a fucking sick joke. From the quite appallingly left-wing BBC http://www.bbc.co.uk/news/business-38609422 Bottom line - the average UK household spends £21,770 pa. Therefore to achieve a pension of £20k pa you need to start paying in 14% of your salary starting no later than age 25. Now, what changes are they going to enforce to make it sustainable? Too little too late imho. There are already far too many retired on far too much public money. Pension provision is a worry for the average private sector worker. As for the PSPA they could make a big impact on the future provision by closing the scheme to civil servants. There is no reason at all that Local Authority office workers/manual workers or desk bound civil servants should have a final salary scheme. I think fire service, police, teachers and nhs need to remain in it to offer the same as the UK. It just needs to ensure it is sustainable for them. Which is no different to the UK as a challenge I guess. As for the current liabilities that is a big problem. A bigger issue to me is that no one will provide a break down of what the current pay out is. So, what bands (of say 5k) and to which sectors. I know a retired civil servant who never paid a penny in. Or barely a penny in. Sat there with a 400k lump and 50k a year. We need to understand how the recipients are made up by amounts and sector. 1 Link to comment Share on other sites More sharing options...
Barlow Strada Posted January 14, 2017 Share Posted January 14, 2017 (edited) the uk need to change first, but in this respeçt it is a macroĉôsm of íom. only difference is we don't have a bottomless pit of money, the cs only ĉonvince themselves they do. Edited January 14, 2017 by Barlow Strada Link to comment Share on other sites More sharing options...
Non-Believer Posted January 14, 2017 Share Posted January 14, 2017 Eddie Teare stated that a pension was never intended as a replacement or substitute for a working wage. Pity he didn't start addressing the Govt issue then? 3 Link to comment Share on other sites More sharing options...
Barlow Strada Posted January 14, 2017 Share Posted January 14, 2017 (edited) mr teare had the power to do something but concentrated on hitting the lower īnĉome groúps ẃith ĉuts. Edited January 14, 2017 by Barlow Strada 2 Link to comment Share on other sites More sharing options...
notwell Posted January 14, 2017 Share Posted January 14, 2017 It wasn't just lower income groups. 1 Link to comment Share on other sites More sharing options...
Barlow Strada Posted January 14, 2017 Share Posted January 14, 2017 he seémed to be ĉœncéntrating ĥis effôrts there. Link to comment Share on other sites More sharing options...
notwell Posted January 14, 2017 Share Posted January 14, 2017 No he didn't. Link to comment Share on other sites More sharing options...
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