Pensions how much do you pay? Is yours under Threat?
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Premium bonds at the mo, no risk and you could win £1,000,000 every month
or not 
Premium bonds at the mo, no risk and you could win £1,000,000 every month
or not
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If you can find the numbers you can check if they've won on line.
Alternatively just send them the 'owners' details and they'll sort you out
You might be a millionaire or not
found me a frame yet?
If you can find the numbers you can check if they've won on line.
Alternatively just send them the 'owners' details and they'll sort you out
You might be a millionaire
or notfound me a frame yet?
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No pension scheme at all for me, should start one but i just cannot afford too! It's not like the old days anymore.
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I pay 11% also with the threat of it going up another 3% soon. This will cost approx £70 extra a month at a time when I can only just cover my bills, we've not had any real kind of payrise for years and there's no chance of one anytime soon even though everything's going up in price. What f***s me off the most is that I signed a contract saying that if I paid 11% I would be able to retire after a certain length of time. Now they're just going to rip that contract up :evil: What do you think would have happened if I'd broken the contract? :evil:
Please don't tell me I'm lucky to have it. It was part of my agreed terms when I joined the job so I can't see why I should feel bad about expecting it to be realised.
Labour did a lot of things badly but to blame them for everything is just plain wrong. The Tories have a plan and nothing will stop them going through with it. Shrinking the state and therefore the Public Services is what they want to do. The global meltdown just gives them a huge excuse that the Mail/Express/Sun reading masses lap up. :evil:
Please don't tell me I'm lucky to have it. It was part of my agreed terms when I joined the job so I can't see why I should feel bad about expecting it to be realised.
Labour did a lot of things badly but to blame them for everything is just plain wrong. The Tories have a plan and nothing will stop them going through with it. Shrinking the state and therefore the Public Services is what they want to do. The global meltdown just gives them a huge excuse that the Mail/Express/Sun reading masses lap up. :evil:
Sorry dude, it ain't that simple....brocklanders023":1nw5ox6k said:
In 1910, the private sector made up 90% of the British economy while the public sector made up 10%. This meant that filling the wage packet of each public sector worker was shared between 9 private sector workers -- or to put it another way -- each private sector worker was expected to cover 11% of the wage packet of a public sector worker.
By 2010, the private sector made up 48% of the British economy while the public sector accounted for 52% (just for comparison, communist China's public sector makes up 26% of their economy). This means that the wage of each public sector worker is now lumped onto one private sector worker. Of course, each private sector worker can't afford to pay two wages, so the public sector wages are made up by government borrowing.
How did this happen? Since 1997, the Labour government tried to cut the unemployment figures by creating jobs in the public sector, and did that for 13 years. This "borrow-to-expand" business model is the same one used by The Northern Rock. But the government ran into the same problem as Adam Applegarth: there comes a day when people stop lending. And with less than half the economy in the private sector, this country isn't making enough money to cover the bill for public sector wages or pension contributions.
The number of public sector jobs that Labour created were never going to be sustainable. 48% of the economy cannot support itself and the other 52%.
(There's a Channel 4 documentary that shows the full horror of the situation. It's pretty bleak stuff... http://www.channel4.com/programmes/brit ... -story/4od )
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I dont have a pension plan. I doubt I'll ever be able to afford one. However, I do have a few things stored away for later use but thats no guarantee, a bit like pensions.
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JohnH":2460jcju said:
Don't forget that people employed by the public sector still pay tax on their wage and on every other thing people in the private sector do (more in a lot of cases as many people I know have a way of fiddling NI etc). A lot of jobs in the public sector that are lost will be picked up by the private sector so instead of the Gov paying workers directly they will have to pay a private company to do the job. The bosses will take their cut then pay the workers as little as possible. Still costs the cash but the pub/pri % figures go down.
The area I work in certainly was not flooded with needless workers by Labour, in fact we were cut harder by Labour then we ever were by the Tories. We've been 'moderising' since 2003 so there's not much left to cut. This hasn't stopped our budget being slashed. I'm no fan of Blair/Brown but for people to fall for the 'it's all their fault' line is lazy imo.
Getting back to pensions.... The idea when mine was set up was for the money paid in to go into a pot and stay there, ready to pay out when people retired. What actually happened was that various Gov's saw a whoping great pile of cash sitting in our pot so dipped their hand in and spent the lot. No money in the pot equals lots of money for those in charge to find so they (and the press) attack us and call us greedy simply for expecting to get what we signed up for. It stinks. :evil:
