Quote Originally Posted by Duke of Gloucester
No, they don't. Public sector pensions, like the private sector, are funded by contributions from employers and employees. In short, they are earned by the people working in the public sector.
So the times was lying in saying
20% : The amount of council tax that already goes towards local government pensions


Quote Originally Posted by Ja'chyra
I quickly glosses over how the private sector are paid more, almost 40% in some cases
Sorry I disagree, a few ie the people at the very top might be paid that much, but at the end of the day its their company.

Secondly, If a company pays to much to its directors they it will go out of business. So in effect it can only pay what it can affored in the longterm.

The private sector is attempting to sort the pension problem out, a problem that this government has made worse. Many companies dont offer 'Final sal pensions' to new employees ans other like the one I work for has changed our pension to a money purchase scheme.

But of course the governemnt wont do this will they, at the end of the day the are still run by the unions, as they always have been.