Public sector pensions strike?

[herthab]

All Co-operative employees received 2.5% rises this year and last.

That's the benefit of sensible unions and sensible senior management being involved in sensible discussions. (Well that and the fact we don't have greedy shareholders to worry about).

[jayohaitchenn]

120 redundancies announced at my place today. Quite a few junior members of staff are being made to reapply for their own jobs, albeit at a lower grade. Strangely, most of the management chain and the HR people seem to be unaffected...

[Luci]

Where do you work mate?

[jayohaitchenn]

RCUK SSC Ltd. with Eddie/Heather. Been a shitty day.

[Fred Elliot]

RCUK SSC Ltd. with Eddie/Heather. Been a shitty day.

Holy fuck

Shared Service Centre as in Polaris House etc ??

We have had many dealings with them

[fatbasher]

I have an Allied Crowbar private pension which has been frozen and currently worth £900 per annum! I have another work related pension frozen when I left that employment worth fuck all and will as likely as not be gobbled up by admin fees before I retire. I currently have NO pension provision other than what the younger generation will pay me and I retire in 16 years. My mortgage runs till 65. I am, rather than paying into a works pension, down paying my mortgage at £200 per month which will reduce my mortgage term by 4.7 years.

Think of it like this. If I save 5 years of payments off my mortgage @ £200 per month now (and it does assume I carry on paying that admittedly) then I can save £550 per month for five years = £33,000 in hard cash plus interest which by then will have gone up for when I retire. Plus any other savings and pensions that I may have been lucky to pay into if my employment situation allows.   

I also plan to further down pay my mortgage with the maintenance money I will save on my eldest next year, further reducing my mortgage term. My youngest costs us £240 per month in child care and again that will be used to down pay the mortgage though I'll have to wait another five years before I can consider letting him come home from school and look after himself. Pensions at the moment are accruing jack shit with the way the world economy is down spiraling and interest rates will go up sometime soon so I see that as a better option investment wise. I pay the mortgage off and it's done no one can take that away from me, paying into a pension and who knows what the spivs and charlatans in the financial sector will do with it?

We make sacrifices as well. Don't smoke, go out on the piss very rarely, make our own meals and not ready convenience crap, no foreign holidays or shopping for stuff we'll never wear. We pay our credit card off each month. Simple things to make the dosh go further.

My wife is younger than me and I doubt to be honest I'll be able to fully retire. I don't want to sit at home bored shitless waiting for her to come home anyway.

Pension strike? fuck 'em I doubt most of us will notice. The shit has hit the fan globally and everyone will suffer, admittedly some more than others but it will get better, not sure when, but it will.   

Public sector employees and the unions gorged themselves at the gold plated table with the finest foods bought by their puppets the Labour Party four thirteen years at the expense of the private sector............

[jayohaitchenn]

Holy fuck

Shared Service Centre as in Polaris House etc ??

We have had many dealings with them

Yeah the main bulk of the company is in North Star House, but I work at Polaris.

[Fred Elliot]

Yeah the main bulk of the company is in North Star House, but I work at Polaris.

Shit

I work heavily with the Sector Managers, Bernie Marsh and Julie Paget in particular

[thedarkprince]

Anyone likely to be impacted by this tomorrow? I don't have kids, I'm not flying anywhere, I'm not having an operation and it's not bin day. Same old, same old.

[thedarkprince]

Also, anyone's opinions changed since the thread started? In our office I'd say most people are annoyed with the strikers rather than have sympathy with them.  I do feel a little bit sorry for them but a large part of me still thinks that their guaranteed pensions will still be far better than mine...

[oxford_fan]

I'm striking.

[Gnasher]

Bloody kids are home.

Sack em all - especially Research Council staff  

[thedarkprince]

What do you do o_f?

[Samdy Gray]

At least the roads will be a bit quieter tomorrow morning. Bonus.

[leefer]

Bloody kids are home.

Sack em all - especially Research Council staff 

Delivered there today....think they used a horse and cart when they first built that goods in area