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Public Sector Pensions - Today's Times


JackanorySFC

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Public Sector workers aren't the demons that the ConDems and the Daily Heil would have you believe. .

 

Please stop using those amusing play on words. I can only stitch up my sides so many times.

 

Whilst I like a laugh just like the next man, using such hilarious witisicms is playing havoc with my health.

 

Thanks

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Absolutely. If you aren't going to protect your own interests then who on earth is?

 

The Private Sector, the sector of the weak.

 

;)

 

That's this thread gone full circle then: The private sector don't go on strike because they are pragmatic and understand the impact of strike action on society.

 

Now I'm confused. Who are the "socialists" here? The private sector who think about the impact of their actions on others, or the "selfish" public sector who (apparently) don't give a damn who is affected by their strike action...?

Edited by trousers
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Point A - apparently. You don't think we have a deficit? Seriously????? Not sure I should bother to continue if that's what you think but hey ho....

Point B - Our Pensions are outlined by the TPS (Teacher Pension scheme). Why don't you read it? Can't be bothered, bit like I couldn't be bothered to read the small print of my contract that has been changed twice in 8 years and next week will be changed again. We live in a different country to the one 8 years ago and I have to adapt.

Point C - Our wage rises have been suspended for at least two years. So your a teacher that hasn't has a pay rise in 2 years? You (with all respect) are either a terrible teacher and havn't gone up a grade each year or your making that up.

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According to the BBC here are the present details for the public sector regarding what they contribute and retirement age.Bare in mind that most of the Private sector will have a defined benefit scheme and retire at 66.

 

Teachers 6.4%........ 60 or 65

 

NHS 5.5 - 8.5%.............. 60 or 65

 

Civil service 1.5 or 3.5% ......... 60 or 65

 

Police 9.5% or 11% ............ 55

 

Firefighter 8.5% or 11%.......... 55 or 60

 

Military 0% ............. 55

 

 

 

Local govt 5.5 - 7.5% 65

 

 

From what I understand of the new proposals,the Coalition will adopt many of the recommendations on pension reforms that were set out in the Labour peer Lord Hutton's report (let's all watch Red Ed try and distance himself from it).

 

Public sector workers will have to contribute more to their pensions and that the pensions received will be based on average earnings over the course of their career rather than on final salary. The increased contributions will be phased in between 2012 and 2014 and will not apply to public sector workers earning less than £15,000.

 

Public sector retirement ages are likely to be linked to the state pension age, which will increase to 66 in 2014 or 2015, for all employees except for the police, army and fire service workers.

 

There pensions will still be better than most private company schemes and all benefits earned already will be protected.

 

To me that doesn't look like too bad a deal, and certainly better than I'll get in my next job.

 

In the present climate, I would say that's a pretty good package, and I reckon most of the taxpayers will agree.

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LOL 20% during a recession, try 120 down to 50 (by my maths roughly 60%) here and no ones moaning, just working harder and longer...

 

Anyway, that's what we've all been through fella but none of us are striking, just quietly getting on with work thankful we've got work to be getting on with. Why don't you understand this? Oh, next Friday we are being presented our latest restructure (first since 2008) and more jobs will go, oh well, work hard, don't go sick and keep your chin up I say!

 

20% - we wish!

 

^This = Perspective

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Point A - apparently. You don't think we have a deficit? Seriously????? Not sure I should bother to continue if that's what you think but hey ho....

Point B - Our Pensions are outlined by the TPS (Teacher Pension scheme). Why don't you read it? Can't be bothered, bit like I couldn't be bothered to read the small print of my contract that has been changed twice in 8 years and next week will be changed again. We live in a different country to the one 8 years ago and I have to adapt.

Point C - Our wage rises have been suspended for at least two years. So your a teacher that hasn't has a pay rise in 2 years? You (with all respect) are either a terrible teacher and havn't gone up a grade each year or your making that up.

 

I'm confused. Are you shouting at your wife again?

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That's this thread gone full circle then: The private sector don't go on strike because they are pragmatic and understand the impact of strike action on society.

 

Now I'm confused. Who are the "socialists" here? The private sector who think about the impact of their actions on others, or the "selfish" public sector who (apparently) don't give a damn who is affected by their strike action...?

 

It's what happens when everyone hates you :(

 

Anyway, I don't think this is particualrly about political leaning, i'm sure there are many left wingers in the Private and vice versa.

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the Coalition will adopt many of the recommendations on pension reforms that were set out in the Labour peer Lord Hutton's report (let's all watch Red Ed try and distance himself from it).

 

Nutshell. The nasty Tories are simply implementing a policy proposed by a Labour politician.....

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Point A - apparently. You don't think we have a deficit? Seriously????? Not sure I should bother to continue if that's what you think but hey ho....

Point B - Our Pensions are outlined by the TPS (Teacher Pension scheme). Why don't you read it? Can't be bothered, bit like I couldn't be bothered to read the small print of my contract that has been changed twice in 8 years and next week will be changed again. We live in a different country to the one 8 years ago and I have to adapt.

Point C - Our wage rises have been suspended for at least two years. So your a teacher that hasn't has a pay rise in 2 years? You (with all respect) are either a terrible teacher and havn't gone up a grade each year or your making that up.

 

You still move up the MPS ladder, but each section has been frozen. Once inflation is factored in, teachers are taking a pay cut like the majority of others.

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Good grief trousers. How not busy are you at work?

 

Friday is London Pride day at the office.... that's the beauty of working in the private sector I guess...work one's ******** off for 4.5 days then chill on one's favourite football message board for the afternoon...

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So nothing.

 

The start of the thread mentioned pay rises every year, which isn't strictly true.

 

I was responding to a 25 year old teacher that said she hadn't had a pay rise in 2 years, however with the MPS scale you move up roughly £1500 a year (or 7%) - that's quality and one of the reasons I'm so happy that my missus is a teacher - guaranteed (unless your crap and get held back a year before your grade goes up) pay rises in a recession!

 

Oh, two of those 70 that were weighed off are now teachers. They saw it as easy money with good holiday in a respectible job that is massively rewarding - don't get me wrong it's bloody hard work, she gets up 6 and works til 7 (however, in the private sector I get up at 5.45 and get in at 8pm but that's life) and deals with some grotty little herberts, but she loves it!

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Friday is London Pride day at the office.... that's the beauty of working in the private sector I guess...work one's ******** off for 4.5 days then chill on one's favourite football message board for the afternoon...

 

4.5 days?! Evidence, I think, that there are actually three sectors. The private sector, that thinks it makes all the money, the public sector that's supposed to sponge off the private sector, and the banking sector that goes spectacularly and stupidly bust and so sponges off both the other sectors.

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Please stop using those amusing play on words. I can only stitch up my sides so many times.

 

Whilst I like a laugh just like the next man, using such hilarious witisicms is playing havoc with my health.

 

Thanks

Well, as somebody who is generally presumed to be a part of the Liberal Elite, I need to provide some balance against those who side with the Brokeback Coalition ;-)

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4.5 days?! Evidence, I think, that there are actually three sectors. The private sector, that thinks it makes all the money, the public sector that's supposed to sponge off the private sector, and the banking sector that goes spectacularly and stupidly bust and so sponges off both the other sectors.

 

I like that analogy a lot.

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In a couple of years, when the powers to be are complaining that they cannot get high calibre science or maths graduates to go into teaching, thus damaging the future competitiveness of the nation one of the reasons given will be the "package" isn't worth it anymore.

 

Schools and colleges, at least in Staffordshire, Shropshire and the West Midlands are hemorrhaging them at an alarming rate and cannot replace them with qualified staff, or even NQTs as there aren't any. Of my degree class I'm the only one still in education and the lowest paid!

 

Many kids won't be taught by qualified staff causing further damage, at that's the same in LEA schools and academies. This was acknowledged by Gove in a meeting with him this week.

 

Teacher training providers are seeing a continual drop in numbers (although the trend will be bucked this year ahead of increased fees) and the % that do qualify and then spend less than 2 years in a classroom is still on an upwards curb.

 

Still, the thick as f**k pr*cks on here will say it doesn't matter and that teachers don't do f**k all anyway.

Edited by View From The Top
Cr@p spelling but I teach maths so f**k it.
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And there are proposals floating about that they should only get 50% pay for that year as they aren't qualified until they complete their NQT year.

 

Tell me about it, although I should hopefully miss out on that pathetic proposal by at least a year or two. As you rightly say, how will the Tories use "the city" to "create wealth" without anyone to teach them in their early life? Who on earth is going to spend three years studying the Sciences, Humanities and Maths only to come out with £50k debt, a crap starting salary and a rapidly depressing pension! Still, at least we know we are all in it for the right reasons.

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Tell me about it, although I should hopefully miss out on that pathetic proposal by at least a year or two. As you rightly say, how will the Tories use "the city" to "create wealth" without anyone to teach them in their early life? Who on earth is going to spend three years studying the Sciences, Humanities and Maths only to come out with £50k debt, a crap starting salary and a rapidly depressing pension! Still, at least we know we are all in it for the right reasons.

 

Aren't all starting salaries crap? Do you expect to come of university straight into a 35-40k job? A graduate engineer, in my line of work, earns about the same as the NQT quoted above.

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Aren't all starting salaries crap? Do you expect to come of university straight into a 35-40k job? A graduate engineer, in my line of work, earns about the same as the NQT quoted above.

 

He was refering to the proposals that NQTs start on 1/2 the £21k until they complete their NQT year in school or college.

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Tell me about it, although I should hopefully miss out on that pathetic proposal by at least a year or two. As you rightly say, how will the Tories use "the city" to "create wealth" without anyone to teach them in their early life? Who on earth is going to spend three years studying the Sciences, Humanities and Maths only to come out with £50k debt, a crap starting salary and a rapidly depressing pension! Still, at least we know we are all in it for the right reasons.

 

My girlfriend. She has a 1st in one area of science and a masters at merit level in another science area. There are no jobs in science at the moment so she fell back on teaching and is a NQT in Science at a Hampshire School. It suits future family life, pays not great but it gives huge job satisfaction and the holidays amazing (I know everyone always says this but be honest - it is)

 

As for "the City creating wealth" - of course it does. I have mates that work far far harder than my girlfriend, get paid far far more, miss their kids growing up hardly sleep and make their companies huge amounts of cash and through their taxes pay your and my gf's wages (as well as 2 nurses, 2 fireman and a policemen from his PAYE alone). What is wrong with that? The lads that are brokers get paid based on money they make, if they mess up they get sacked and their company employs someone better.

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He was refering to the proposals that NQTs start on 1/2 the £21k until they complete their NQT year in school or college.

 

That takes the p*** tbf. At the mo PGCE students only get £600 a month and next year get sod all. The hours worked in PGCE and NQT years are well worth £21k.

 

However that doesn't stop the reason for my post - the pension is too generous for this country to afford and striking will only turn people against teachers.

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Are teacher's that badly paid? I always was told (a bit jokingly) that the reasons they became teachers was "August".

 

http://www.teachers.org.uk/node/12716

 

Also..

 

Classroom teachers start on the main pay scale, usually on point M1 although other teaching experience may push them higher up the scale. Schools may also award discretionary points for other relevant experience. Each school’s pay policy should explain how these points are awarded.

 

Teachers are awarded a pay rise when the pay scales and allowances are updated. Each September, teachers on the main pay scale move to the next point on the scale, subject to satisfactory performance, and may even advance by two points if their performance is excellent.

 

Qualified teachers who reach the top of the main pay scale can apply to be assessed against eight national standards and if they meet the standards, cross the ‘threshold’ to the upper pay scale. The threshold provides an opportunity for good classroom teachers to progress from M6 to a higher salary range.

 

Teachers on the upper pay scale receive the usual salary rise when the pay scales are up-rated. However, progression on the upper pay scale is performance based and governing bodies make the decisions on progression, based on recommendations from heads. Teachers don’t normally move through the upper pay scale more frequently than every two years.

 

I would point out this bit from ONS. This is a little out of date, but can't think that the private sector has increased things at all so the gap maybe even more.

 

"The difference between the median level of full-time earnings in the public sector (£554 per week) and the private sector (£473 per week) widened over the year to April 2010, following annual increases of 3.0 per cent and 2.0 per cent respectively."

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My girlfriend. She has a 1st in one area of science and a masters at merit level in another science area. There are no jobs in science at the moment so she fell back on teaching and is a NQT in Science at a Hampshire School. It suits future family life, pays not great but it gives huge job satisfaction and the holidays amazing (I know everyone always says this but be honest - it is)

 

As for "the City creating wealth" - of course it does. I have mates that work far far harder than my girlfriend, get paid far far more, miss their kids growing up hardly sleep and make their companies huge amounts of cash and through their taxes pay your and my gf's wages (as well as 2 nurses, 2 fireman and a policemen from his PAYE alone). What is wrong with that? The lads that are brokers get paid based on money they make, if they mess up they get sacked and their company employs someone better.

 

Nothing at all, but there has to be people there in the first place to get them to University and into a position that makes them employable by the big companies. So the government need to make sure that they are still capable of attracting the best graduates into teaching like your girlfriend, and if they start eating away at those too much then people won't bother.

 

One needs the other, if you will.

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PS...the bit about public sector earning more, is biggest at the lowest end of things. Those at the top end don't "compete" with the private sector, but then we don't really care as they are already well remunerated. And this is all before their pension.

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Nothing at all, but there has to be people there in the first place to get them to University and into a position that makes them employable by the big companies. So the government need to make sure that they are still capable of attracting the best graduates into teaching like your girlfriend, and if they start eating away at those too much then people won't bother.

 

One needs the other, if you will.

 

Have to admit I doubt she'd have bothered if her PGCE was unpaid and her NQT was 50% - As much as I love subsidising the public sector that's a little too close to home....

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Have worked in the area ond there are myths on both sides - as always, a good place to start is with the evidence

 

http://www.statistics.gov.uk/elmr/09_10/downloads/ELMR_Sep10_Levy.pdf

 

The headline observations are pretty clear:

 

Total reward for full-time employees is higher in the public sector than the private sector if employees who do not belong to employer pension schemes (with zero pension contributions) are included in the analysis. Th is is because those without pensions (57 per cent of full-time employees in the private sector compared with 10 per cent in the public sector) reduce the private sector average figures more than those of the public sector.

 

A comparison of total reward on a like-for-like basis, comparing full-time employees with pensions in both sectors, produces a different result. On this basis, total reward is higher in the private sector than the public sector – even more so after excluding employees in schemes that are not contracted out of the State Second Pension. Distributional analysis shows that the gap between private and public sector employees is particularly marked at the top end of the distribution.

 

There are a few exceptions to the general rule that, for those with pensions, the private sector provides better overall remuneration. The main exception is those on low pay, especially women, who have higher levels of total reward in the public sector than in the private sector. Young employees (aged 16 to 24), those in some occupations such as sales and customer services, and people employed in small organisations and certain industrial sectors were also found to be better rewarded in the public sector than in the private sector. However in general, for full-time employees who are members of employer pension schemes, total reward is greatest in the private sector.

 

Public sector workers are and will always be an easy target; shame the intransigent conceit of some unions ends up gifting the lazier and breathtakingly ignorant parts of the right-wing press.

Edited by shurlock
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Point A - apparently. You don't think we have a deficit? Seriously????? Not sure I should bother to continue if that's what you think but hey ho....

Point B - Our Pensions are outlined by the TPS (Teacher Pension scheme). Why don't you read it? Can't be bothered, bit like I couldn't be bothered to read the small print of my contract that has been changed twice in 8 years and next week will be changed again. We live in a different country to the one 8 years ago and I have to adapt.

Point C - Our wage rises have been suspended for at least two years. So your a teacher that hasn't has a pay rise in 2 years? You (with all respect) are either a terrible teacher and havn't gone up a grade each year or your making that up.

 

Point A - we can afford two fight to ****ing wars!

 

Point B - you're a muppet if you don't read the full details of your contract.

 

Point C - read again what I said! From September our pay does not rise in line with inflation.

 

It's pointless trying to debate with some of the clowns on here, you all seem to think that you've been forced into the private sector. I would look long and hard at your career choice if you feel hard-done-by. I chose teaching, as I said before based on the pension and the desire to do something worthwhile.

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Point A - we can afford two fight to ****ing wars!

 

Point B - you're a muppet if you don't read the full details of your contract.

 

Point C - read again what I said! From September our pay does not rise in line with inflation.

 

I feel sorry for your wife

 

very interesting...I would say that to the many people that go on strike

 

as fr point C - welcome to the real world with the rest of us...(from a public worker)

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very interesting...I would say that to the many people that go on strike

 

as fr point C - welcome to the real world with the rest of us...(from a public worker)

 

Can we please stop using this nothing term "the real world"? Teaching has accepted without fuss change after change after change in the last five years and when one policy occurs that we don't agree with were suddenly not on the same planet.

 

Between academies, pay freezes, curriculum changes by both parties, pension 'reform', Whitehall seems determined to tear apart an education system that has taken 100 years to perfect. It's sad and depressing times.

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very interesting...I would say that to the many people that go on strike

 

as fr point C - welcome to the real world with the rest of us...(from a public worker)

 

How much do you pay into your pension Jamie?

 

How would you feel if part of your "deal" was changed and you lost out on £1000s per year? You'd rightly not be happy.

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Can we please stop using this nothing term "the real world"? Teaching has accepted without fuss change after change after change in the last five years and when one policy occurs that we don't agree with were suddenly not on the same planet.

 

Between academies, pay freezes, curriculum changes by both parties, pension 'reform', Whitehall seems determined to tear apart an education system that has taken 100 years to perfect. It's sad and depressing times.

well, you think you have it hard mate......try being in the forces and watching it get stripped bare, people being jobless left right and centre without the right to protest about it....you have it good mate...and you get your holiday guaranteed

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I think the vast majority of people will welcome the public sector pensions reforms. It's gobsmacking how they only pay an average of 5% in contributions while those of us in the private sector subsidise them to the tune of 14%.

 

Whilst those of us in the private sector have got on with it - taken pay freezes/cuts and pay more into our pensions, it's no surprise that the "precious" public sector think they are special.

Edited by dune
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well, you think you have it hard mate......try being in the forces and watching it get stripped bare, people being jobless left right and centre without the right to protest about it....you have it good mate...and you get your holiday guaranteed

 

I haven't argued anywhere that you don't have it tough. But surely you can appreciate that if the boot was on the other foot, you would be ****ed off as well.

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How much do you pay into your pension Jamie?

 

How would you feel if part of your "deal" was changed and you lost out on £1000s per year? You'd rightly not be happy.

pay into my pension..hmmm I pay tax....lol

you are right, I would not be happy at all...what could I do about it if it happened...NOTHING...get on with it or leave......

the MoD did change their pension scheme in 2005...so we did ours before everyone else...

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