Wednesday 15 June 2011

Pensions

The lunatic fringe are at it again!!! When will people learn that there is no money left in the safe. Unions are calling for strike action against changes to the public sector pensions. What the hell do they think has been going on in the private sector. My contributions went up from 8% to 13% and they are complaining about 6% to 9%. We have had a pay freeze for 3 years also. I read a statement the the Local Government Pension scheme is not funded by the taxpayers but by underlying investments of employees and employers contributions. Where do they think the employers portion comes from and do they think the employees will not want more basic pay if forced to pay additional contributions? The rest of the public will be expected to cough up in both cases.
The public sector used to have low wages and that is why they were protected with generous pension schemes. They are no longer the lowest paid in society. Few of them would work for the wages of carers working for Southern Cross, for example, let alone do the work they have to do and almost none of those workers will get a pension at all.
Of the 6.2 million workers in the public sector it expected that .75 million will come out on strike and try to hold the country to ransom.
Are the other 23.1 million workers going to let them do this? Probably. But there will come a time when the Silent Majority will unite and rebel and there will be a backlash against those who are not prepared to be "in it together".
Spread the word, unite the Silent Majority, show you really care. No action other than send a link to this blog to ALL your friends. One day we will be able to be a force for the good.

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