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GOLD PLATED PENSIONS FOR LITTLE HITLERS...

Almost £1 in every £5 handed over by council taxpayers is used to support the pensions of town hall workers. The country's 1.6 million local government employees have 'gold-plated' final salary pensions, while many in the private sector face retiring on a pittance. Experts criticised the devastating findings, which they said prove a "pensions aristocracy" is developing. Council workers can retire as young as 55 – while everyone else faces working until their 68th birthday. Isn't life grand when you work for the State?

Posted on Friday, February 29, 2008 at 02:08PM by Registered CommenterDavid Vance in | Comments5 Comments

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Reader Comments (5)

David,

Is this a new phenomenon in the UK? Here in America, people traditionally went into government service because of good, guaranteed pensions even though the salaries were not competitive with the private sector.

BTW, when and why did you institute Comment Moderation?

Friday, February 29, 2008 at 03:27PM | Unregistered CommenterAlan Frost-McDonald

Alan.

Moderation-on is not so surprising. I would think that since posting on Biased BBC, DV has had a lot of cross-over 'flak' from that site.
A lot of foul-mouthed commenters prowl the lower reaches of Biased BBC, and would seize the opportunity to follow him across to ATW.

Friday, February 29, 2008 at 07:22PM | Unregistered Commenterbernard

Gold-plated pensions.

I fully anticipate a massive back-lash on this when this socialist government finally falls.
I don't know what the BNP (or any strongly nationalist cause for that matter) feel about this, but should they ever win office in this country, a 50% cut in these pension sinecures, going back to 1997, would be very much on the books I think.

What joy.

Friday, February 29, 2008 at 07:44PM | Unregistered Commenterbernard

Bernard,

In the UK, is there a legal claim to a pension once awarded? I would think that it is the same as deferred compensation, and it is therefore a contractual obligation to the employee. Here in America, in the private sector, companies simply go bankrupt to avoid their contractual pension obligations, which is why the public sector ones are the only ones worth anything.

BTW, this is my first comment under the new, improved, troll-free regime. Well done, David.

Saturday, March 1, 2008 at 08:28PM | Registered CommenterAlan Frost-McDonald

Bernard

Well if it takes waiting for the BNP to come to power to reduce state pensions, I think these'gold plated' sinecures will be around for a long long time.

Saturday, March 1, 2008 at 08:35PM | Registered CommenterColm

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