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Mapletree Croydon 01 Nov 14 11.21am | |
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Quote rob1969 at 01 Nov 2014 10.57am
Quote gbox82 at 01 Nov 2014 9.00am
Quote Mapletree at 31 Oct 2014 9.06pm
This is one topic that really rings my bells The ridiculous pension arrangements entered into with the baby boom generation are going to cripple the newer generations It simply isn't fair Just look at the smug generation currently in their 60s, 70s and 80s. They are effectively taking money from my children. There is no way they paid enough in for the benefits they are now receiving. As you can tell by the way BA is on it's knees. 75% of final salary index linked, you're having a laugh. It needs reforming and fast. Nobody should be immune. DB schemes are massively immoral, everyone knows it yet people will fight tooth and nail to keep them for obvious reasons. There is nothing more special about the previous generation, why should the young be forced to pay for one golden generation that designed a scheme that benefited it but would never be sustainable. Biggest con ever. Couldn't agree more, well said. Nobody gave me anything - I'm as entitled to my state pension as were your parents and no doubt you will ne in due course. regarding any occupational pension I have - I paid into it for 30 years! I retired at 65 having stated work at 16. I played by the rules that applied then - you must do the same by the current rules.
Guess what, we aren't entitled to the same state pension as our parents, SERPs has gone. Well done for paying into your occupational pension for 30 years. It's a shame you missed out on 19 years of paying in though. But of course you didn't have to did you? Because the schemes were so very generous in those days. Yes, you played by the rules as they were written then. No doubt you don't agree with rules changing, for example you should be able to be prejudiced against older people shouldn't you? That was the rule when you were a lad. Or maybe things move on, unexpected increases happen in life spans, the economy hits a crisis and the Ponzi style scheme from which you benefited is no longer fit for purpose. And don't forget that almost none of the DB schemes proved to be properly funded. The Government ones weren't funded at all. Rather than accuse me of 'screeching', pretty bizarre considering I will also be a recipient of a DB scheme, maybe look at yourself. It is the people 40 years younger than us that will pay all of their lives for featherbedding a generation. I didn't say this was unfair on me, I am thinking of others. It's a shame you don't feel the same way. No doubt you also rail against inheritance tax, do you get the irony there?
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Pussay Patrol 01 Nov 14 11.24am | |
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Quote Seth at 01 Nov 2014 12.44am
It's interesting that the focus is always on the people like firefighters and nurses who risk their lives for not very good money to take cuts, instead of the parasitical fat cat bankers and politicians who caused the financial sh*tstorm in the first place. Amazingly, bankers and MP's have very comfortable pay and pension arrangements, yet use the media to attack those at the bottom of the pile for taking a few crumbs when they are gorging on truffles and caviar at our expense. Divide and rule really is a very effective tactic for those in power. Just a shame so many people continue to fall for it.
And I don't see how what the PM gets paid is relevant to their argument, it's not a comparable occupation, don't think a fireman could run a country, in any case the PM gets paid less than some Council Leaders. I don't have a problem with Bankers pay, they aren't subsidised by the taxpayer and pay alot of tax. Some of the salaries and bonuses seem ludicrous but it's all determined by supply and demand economics, you may as well have a pop at footballers as well.
Paua oouaarancì Irà chiyeah Ishé galé ma ba oo ah |
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Helmet46 Croydon 01 Nov 14 11.26am | |
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Quote rob1969 at 01 Nov 2014 10.57am
Quote gbox82 at 01 Nov 2014 9.00am
Quote Mapletree at 31 Oct 2014 9.06pm
This is one topic that really rings my bells The ridiculous pension arrangements entered into with the baby boom generation are going to cripple the newer generations It simply isn't fair Just look at the smug generation currently in their 60s, 70s and 80s. They are effectively taking money from my children. There is no way they paid enough in for the benefits they are now receiving. As you can tell by the way BA is on it's knees. 75% of final salary index linked, you're having a laugh. It needs reforming and fast. Nobody should be immune. DB schemes are massively immoral, everyone knows it yet people will fight tooth and nail to keep them for obvious reasons. There is nothing more special about the previous generation, why should the young be forced to pay for one golden generation that designed a scheme that benefited it but would never be sustainable. Biggest con ever. Couldn't agree more, well said. Nobody gave me anything - I'm as entitled to my state pension as were your parents and no doubt you will ne in due course. regarding any occupational pension I have - I paid into it for 30 years! I retired at 65 having stated work at 16. I played by the rules that applied then - you must do the same by the current rules.
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dingdong bognor regis 01 Nov 14 11.30am | |
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everyone has the right to withdraw labour as a last resort to end a dispute. nothing selfish about that
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Mapletree Croydon 01 Nov 14 11.31am | |
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Quote Helmet46 at 01 Nov 2014 11.26am
Quote rob1969 at 01 Nov 2014 10.57am
Quote gbox82 at 01 Nov 2014 9.00am
Quote Mapletree at 31 Oct 2014 9.06pm
This is one topic that really rings my bells The ridiculous pension arrangements entered into with the baby boom generation are going to cripple the newer generations It simply isn't fair Just look at the smug generation currently in their 60s, 70s and 80s. They are effectively taking money from my children. There is no way they paid enough in for the benefits they are now receiving. As you can tell by the way BA is on it's knees. 75% of final salary index linked, you're having a laugh. It needs reforming and fast. Nobody should be immune. DB schemes are massively immoral, everyone knows it yet people will fight tooth and nail to keep them for obvious reasons. There is nothing more special about the previous generation, why should the young be forced to pay for one golden generation that designed a scheme that benefited it but would never be sustainable. Biggest con ever. Couldn't agree more, well said. Nobody gave me anything - I'm as entitled to my state pension as were your parents and no doubt you will ne in due course. regarding any occupational pension I have - I paid into it for 30 years! I retired at 65 having stated work at 16. I played by the rules that applied then - you must do the same by the current rules.
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Helmet46 Croydon 01 Nov 14 11.34am | |
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Quote Mapletree at 01 Nov 2014 11.31am
Quote Helmet46 at 01 Nov 2014 11.26am
Quote rob1969 at 01 Nov 2014 10.57am
Quote gbox82 at 01 Nov 2014 9.00am
Quote Mapletree at 31 Oct 2014 9.06pm
This is one topic that really rings my bells The ridiculous pension arrangements entered into with the baby boom generation are going to cripple the newer generations It simply isn't fair Just look at the smug generation currently in their 60s, 70s and 80s. They are effectively taking money from my children. There is no way they paid enough in for the benefits they are now receiving. As you can tell by the way BA is on it's knees. 75% of final salary index linked, you're having a laugh. It needs reforming and fast. Nobody should be immune. DB schemes are massively immoral, everyone knows it yet people will fight tooth and nail to keep them for obvious reasons. There is nothing more special about the previous generation, why should the young be forced to pay for one golden generation that designed a scheme that benefited it but would never be sustainable. Biggest con ever. Couldn't agree more, well said. Nobody gave me anything - I'm as entitled to my state pension as were your parents and no doubt you will ne in due course. regarding any occupational pension I have - I paid into it for 30 years! I retired at 65 having stated work at 16. I played by the rules that applied then - you must do the same by the current rules.
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Pussay Patrol 01 Nov 14 12.15pm | |
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Quote dingdong at 01 Nov 2014 11.30am
everyone has the right to withdraw labour as a last resort to end a dispute. nothing selfish about that
Paua oouaarancì Irà chiyeah Ishé galé ma ba oo ah |
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EsussexEagle 01 Nov 14 1.33pm | |
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The old Firefighters scheme needs 30 yrs service, not 25 as previously mentioned, and the contributions paid by members was almost double the standard scheme costs paid by other types of final salary jobs to allow for the 'early'retirement. The new scheme for Firefighters that says they will all get £19000 a year pension only works if you start by age 20 and work till 60 on a salary of £28000. Fair enough. But if you can't physically manage as you get older and are made to retire at say age 55 for example, your pension will be reduced to a figure of £9000, less than half the quoted perfect scenario pension for just 5 years less work.It's worth noting the Employer will decide the levels of fitness required, tests to pass and it isn't beyond anyone's thinking I've done it and had to retire early, people can harp on about statistics for less danger, less fires etc etc, try telling that to the families of the 2 good mates I've lost. Yes there are jobs out there that have higher mortality rates, farming being one and I think they should be better rewarded too, but being a Firefighter is still one of the jobs where when you go to work there is slightly more of a chance you may not come home. I believe everyone has a right to withhold their labour to not see their conditions made worse.
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nickgusset Shizzlehurst 01 Nov 14 1.43pm | |
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Quote EsussexEagle at 01 Nov 2014 1.33pm
The old Firefighters scheme needs 30 yrs service, not 25 as previously mentioned, and the contributions paid by members was almost double the standard scheme costs paid by other types of final salary jobs to allow for the 'early'retirement. The new scheme for Firefighters that says they will all get £19000 a year pension only works if you start by age 20 and work till 60 on a salary of £28000. Fair enough. But if you can't physically manage as you get older and are made to retire at say age 55 for example, your pension will be reduced to a figure of £9000, less than half the quoted perfect scenario pension for just 5 years less work.It's worth noting the Employer will decide the levels of fitness required, tests to pass and it isn't beyond anyone's thinking I've done it and had to retire early, people can harp on about statistics for less danger, less fires etc etc, try telling that to the families of the 2 good mates I've lost. Yes there are jobs out there that have higher mortality rates, farming being one and I think they should be better rewarded too, but being a Firefighter is still one of the jobs where when you go to work there is slightly more of a chance you may not come home. I believe everyone has a right to withhold their labour to not see their conditions made worse. As I said earlier, it's a stitch up.
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Pussay Patrol 01 Nov 14 2.36pm | |
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Quote EsussexEagle at 01 Nov 2014 1.33pm
The old Firefighters scheme needs 30 yrs service, not 25 as previously mentioned, and the contributions paid by members was almost double the standard scheme costs paid by other types of final salary jobs to allow for the 'early'retirement. The new scheme for Firefighters that says they will all get £19000 a year pension only works if you start by age 20 and work till 60 on a salary of £28000. Fair enough. But if you can't physically manage as you get older and are made to retire at say age 55 for example, your pension will be reduced to a figure of £9000, less than half the quoted perfect scenario pension for just 5 years less work.It's worth noting the Employer will decide the levels of fitness required, tests to pass and it isn't beyond anyone's thinking I've done it and had to retire early, people can harp on about statistics for less danger, less fires etc etc, try telling that to the families of the 2 good mates I've lost. Yes there are jobs out there that have higher mortality rates, farming being one and I think they should be better rewarded too, but being a Firefighter is still one of the jobs where when you go to work there is slightly more of a chance you may not come home. I believe everyone has a right to withhold their labour to not see their conditions made worse. Why wouldn't you be able to physically manage at 55? Surely the point of working patterns are designed so that firefighters have ample rest inbetween shifts? i'd expect all firemen to be in the gym on their days off, be non-smokers and have a healthy diet. I fully respect the job they do and the element of danger associated with it but I don't agree with using this to garner sympathy in order to keep an unsustainable pension fund. You are living longer and taking more out so it's only fair you put more in. Why should I pay for that?
Paua oouaarancì Irà chiyeah Ishé galé ma ba oo ah |
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rob1969 Banstead Surrey 01 Nov 14 3.28pm | |
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Quote Helmet46 at 01 Nov 2014 11.34am
Quote Mapletree at 01 Nov 2014 11.31am
Quote Helmet46 at 01 Nov 2014 11.26am
Quote rob1969 at 01 Nov 2014 10.57am
Quote gbox82 at 01 Nov 2014 9.00am
Quote Mapletree at 31 Oct 2014 9.06pm
This is one topic that really rings my bells The ridiculous pension arrangements entered into with the baby boom generation are going to cripple the newer generations It simply isn't fair Just look at the smug generation currently in their 60s, 70s and 80s. They are effectively taking money from my children. There is no way they paid enough in for the benefits they are now receiving. As you can tell by the way BA is on it's knees. 75% of final salary index linked, you're having a laugh. It needs reforming and fast. Nobody should be immune. DB schemes are massively immoral, everyone knows it yet people will fight tooth and nail to keep them for obvious reasons. There is nothing more special about the previous generation, why should the young be forced to pay for one golden generation that designed a scheme that benefited it but would never be sustainable. Biggest con ever. Couldn't agree more, well said. Nobody gave me anything - I'm as entitled to my state pension as were your parents and no doubt you will ne in due course. regarding any occupational pension I have - I paid into it for 30 years! I retired at 65 having stated work at 16. I played by the rules that applied then - you must do the same by the current rules.
Well done I am not normally given to strident outbursts but I do get really pissxd off when I keep reading on here that apparently all the wrongs of the country are the fault of people who just happen to have been born in the 1940's. As for our lack of concern for future generations - in the world I occupy - my generation have probably done more to help their children, and now our grand children, than any previous recent generation (End of current rant!)
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nickgusset Shizzlehurst 01 Nov 14 3.41pm | |
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