My company pension scheme, after changing the rules on early retirement and other technicalities ... having been in the news as 'possibly in trouble' ..... actually made a net 22% last year on the back of a 30% rise in stock market !!!
Scheme now valued in more billions ££ ....... sigh of relief !!
I am willing to bet that there is no-one from NHS, Police, judicary or civil service now receiving a Govn pension of £40k plus p.a who has actually accquired through pension contributions and their investments, a 'pot' to support that level of payment at today's safe rates of return ... Therefore it must be Joe Bloggs supporting those incomes with his NI and tax .. whilst being told 'Sorry chum(p) there ain't anything for you-hoo'
See some 'lifetime private sector' teachers having retired from that carreer trying to obtain rule changes so they can climb aboard the state wagon and grab the old golden 'hello' being offered for certain skills.
Good here, in the UK, isn't it !
P
Scheme now valued in more billions ££ ....... sigh of relief !!
I am willing to bet that there is no-one from NHS, Police, judicary or civil service now receiving a Govn pension of £40k plus p.a who has actually accquired through pension contributions and their investments, a 'pot' to support that level of payment at today's safe rates of return ... Therefore it must be Joe Bloggs supporting those incomes with his NI and tax .. whilst being told 'Sorry chum(p) there ain't anything for you-hoo'
See some 'lifetime private sector' teachers having retired from that carreer trying to obtain rule changes so they can climb aboard the state wagon and grab the old golden 'hello' being offered for certain skills.
Good here, in the UK, isn't it !
P
