|TWO TWATS IN A ROW, THIS TIME A GINGER TWAT!|
I've followed all this shite today, about the public sector employees fighting for their pension etc, etc and the difference between public and private pensions. So here's my take on it, for what it's worth.
I believe that if you start a job and they tell you the conditions are such and such, then you are entitled to expect that to be the case. For public employees, the majority of who, don't get huge pensions, that should be what happens. I coming from the private sector have never understood, why because, you work for the Government, you should get a final salary pension. But apart from that, I spent some time in the pensions industry in the 90s and the one thing, I could never get my head around was, that in a money purchase scheme you had to turn your pension pot over to some fucking insurance company!
Now if I had a final pot of say, £100,000, (which I don't), why should I say to some insurance company, " I want to buy an annuity, please take my money, pay me a pittance, if I die at age 67, give my wife a half pension and if she dies at age of 68, then just you take the rest of the pension pot and invest it, into your profits"!
Now, if I am lucky enough to hit a pension age and I had a pension pot of £100,000, I would like to say to the Government, "OK, give me that money and I will do whatever the fuck I feel like doing with it"! I may want to buy a new house, a new car, a new house in Spain (see banner!), or some 23 year old whore for a year, it's MY FUCKING MONEY!
Until they can solve the above question and stop taking donations and bribes from insurance companies, then politicians, if it was anything to do with me, you could shove your
PRIVATE PENSION, RIGHT UP YOUR ARSE!!!!