News0 min ago
Pension reform
26 Answers
Can someone please explain why firemen, police and some NHS staff are currently allowed to retire at 55 on full pension? It is absolutely disgusting, there is no need for it. I resent paying my taxes to fund such over generous terms. It's about time it was stopped. Let them strike if they want, they won't get any sympathy from the vast majority of private sector workers who could only dream of being able to retire at that age, never mind with a full final salary pension.
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There are plenty of jobs they could do within the police and fire service as they get older that don't involve extreme physical activity, so that's no excuse. I also wish people would stop pointing out that they pay their taxes, inferring that they have therefore paid for it. Paying taxes when working in the public sector is not extra money paid in, it's recycled money. They get paid out of taxes, then they give some of it back in tax. It's the same money.
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It probably has something to do with police officers paying 12% of every pound they earn in pensions contributions. Most people, if paying a pension, pay around 5%. And I agree who wants a 65 year old in the High Street on a Saturday night.
If they were given desk jobs because of age do you cut their wages?
Squarebear, you are right they earn every penny. Remember the guy shot in the face by Moat!
If they were given desk jobs because of age do you cut their wages?
Squarebear, you are right they earn every penny. Remember the guy shot in the face by Moat!
My T&Cs when I joined my company stated that I would retire and get my pension at 55. I now have to go to 60 to get what I would have got at 55. If I want to leave at 55 I have to chuck in a few hundred extra pounds every month. That`s the way of the world for people in the private sector so it`s no surprise if that sort of thing may happen in the public sector now.
i dont think anyone is talking about the fact that these things are in their terms and conditions - thats a given, no one is disputing this or denying it - its the reason WHY they are in their terms and conditions that this question is about
as stated police and fire deserve it i think...just no sure about the nhs staff
i also wonder who realistically woudl choose a career based on the age they could give it up!
as stated police and fire deserve it i think...just no sure about the nhs staff
i also wonder who realistically woudl choose a career based on the age they could give it up!
If you are a registered nurse, you can retire at 55, I believe that mental health nurses can still retire at 55. It doesn't mean they get their State pensions any earlier, they still have to wait until they are eligible, so they have these days about 10 years when they have to live off their NHS pensions. It's not all beer and skittles.
Firefighters pay 11% of every pound they earn for their pension currently £240 per month.I have duly paid this for 28 years and take home £736 per fortnight. It was compulsory to join the scheme when I joined the service . No-one int he public sector pays near as much except for police officers. Do you really want 60 year old firefighters and police officers in this country? There are not enough posts available to come off firefighting duties. And as for the stupid comment about drivers - drivers rotate and sit in the back as well the driving is in addition to being a firefighter and know extra payment is received.