Public sector pensions just don't work in the way Andrew understands them.
Not exact matches
But rather than supporting the idea that all Canadians should have comfortable retirements — say, by reforming CPP, and protecting private
sector employees against company bankruptcy — the authors see
public sector pensions as
just more «premium.»
Additionally, the
Public Sector Pensions Commission recently estimated that a huge 94 per cent of public sector employees are still on unsustainable defined benefit schemes, compared to just 11 per cent in the private s
Public Sector Pensions Commission recently estimated that a huge 94 per cent of
public sector employees are still on unsustainable defined benefit schemes, compared to just 11 per cent in the private s
public sector employees are still on unsustainable defined benefit schemes, compared to
just 11 per cent in the private
sector.
In
just two years we have taken on some challenges — such as reforming student finance and
public sector pensions — which previous Conservative governments failed to tackle in decades.
«Isn't this part of a much bigger issue which is there is growing anger in what she calls the court of
public opinion not
just about the
pension and renumeration of what are now
public sector employees but about other
public sector fat cats including senior civil servants and dare I say it ministers about their very lavish and generous
pension?»
The truth is that the average
public sector pension for women working in local government (and most such workers are women) is
just # 54 a week.
Public sector pensions are just one of the ways in which public sector workers get more rewards for working fewer
Public sector pensions are
just one of the ways in which
public sector workers get more rewards for working fewer
public sector workers get more rewards for working fewer hours.
No matter what you think of the continued existence (barely) of «gold plated» final salary
pension schemes in the
public sector, having the rug pulled from under a key plank of your career choice's remuneration scheme is
just cause for complaint.
It's not
just that states and districts failed to save up for
pensions they knew would come due, it's that they offered literally the cushiest
pensions available to teachers, notes a 2016 study: «as a group, [teachers] have by far the highest retirement costs, even compared with other
public -
sector employees.
TPS and LGPS
Pensions are viewed as a benefit but, at the end of the day, someone has to pay for them and the pensions in education — and all the public sector — are so much better than in the private sector; the figures just do not add up and both pension schemes have been underfunded fo
Pensions are viewed as a benefit but, at the end of the day, someone has to pay for them and the
pensions in education — and all the public sector — are so much better than in the private sector; the figures just do not add up and both pension schemes have been underfunded fo
pensions in education — and all the
public sector — are so much better than in the private
sector; the figures
just do not add up and both
pension schemes have been underfunded for years.
Cutting
public sector pensions won't help private
sector workers — it will
just make everyone poorer in retirement.