Clint's Profile
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Feb 03 2012 09:44 PM- Currently:
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- Member Title:
- Baby B-Boy
- Age:
- 27 years old
- Birthday:
- April 5, 1984
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- Location:
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Clint
Happy Libraries Day :)
Yesterday, 02:06 PM
Clint
why the strike I'll try to keep this simple.
The LGPS is a pension scheme that the employee and employer pay into. At age 65 a public sector worker can claim their pension which is on average £4K-5K per year. The Government says that this is unsustainable because we now live 10 years longer than we did in 1970.
In 2008 the pension scheme was reformed to rectify this and employees now pay more in fact the LGPS generates around £2bn profit each year.
So why the new reform? George Osborn wish...
Dec 02 2011 11:25 PM
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Knuckles.hsk
17 Aug 2011 - 21:43