Monday, January 09, 2017

Quote of the day 9th January 2017


1 comment:

Jim said...

the thing is when the wise man does ask, you know about things like pension robbery, then no one gives an answer. when the wise man asks things like "why does this need to happen, when it already has happened 8 years ago?"

- note in 2008 (November) then the final salary pension scheme was ended for all new starters. The current Private sector pension scheme was kept as FS for anyone before hand, but since Nov 2008 no final salary scheme has been available and all new starters are on a Career Average scheme. A law was passed which protected the older FS members.

In other words the pension reform HAPPENED in 2008. This latest plan to amend a law in order to steal money from people who have the FS pension is nothing short of robbery.