At least its better than the nothing we have had for the past 2 years...
BBC News - George Osborne: Public sector pay rises capped at 1%

At least its better than the nothing we have had for the past 2 years...
BBC News - George Osborne: Public sector pay rises capped at 1%
Those of us who have been through the P&B review are frozen for a couple of years anyway.![]()

should go well with a 4% rise in pension contributions - isn't that a pay cut.
given that inflation is currently around 5% and that We have had no pay increases or cost of living for the past 2 years the reality is that the changes mean that instead of losing 5% per year we are now only going to lose 4%!!

I blame it on Thatcher![]()
I blame it on Labour![]()
Hightower (29th November 2011)

I hate that Margaret Brown!
stevenlong1985 (30th November 2011), zag (30th November 2011)
I just hate politicians.
stevenlong1985 (30th November 2011), Tech1 (29th November 2011), zag (30th November 2011)

I blame it on the boogie![]()
Gatt (29th November 2011), SimpleSi (29th November 2011), stevenlong1985 (30th November 2011)

Means that over the 4 year period of 2010 - 2014, public sector workers will effectively have had a pay cut of, what? 18% or so? Seems a little unfair...

Whoopie - 1%. Fantastic. Not. Makes me feel like a really valued member of society.
ButterflyMoon (1st December 2011), tech_guy (29th November 2011)

What's really sickening is that while we public sector workers are effectively getting poorer each year, the fat cat bankers who had a large part in getting us in to this mess are still taking home huge bonuses.

[Reworded post]
Politicians themselves work for the public sector.
This seems to have been missed by a lot of people.
Let's take a look at their pensions while we're at it. After all, they are public sector employees.
There are currently 1 users browsing this thread. (0 members and 1 guests)