THE TROUBLE IS NOT WITH PENSIONS, IT'S THE WAY THEY ARE ADMINISTERED!

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!!!!

NEVER MIND CIVIL SERVANTS-LABOUR CABINET MINISTERS GET £36K BONUS!

ALL MPs ARE WANKERS SAYS ADRIAN CHILES.

Former Labour ministers were handed more than £1 million in severance pay at the General Election, official figures show.
A total of £1,051,202 was awarded to ministers when they left office, Cabinet Office Minister Francis Maude said.  Ministers are entitled to receive a severance payment equal to three months of their annual ministerial salary.
That gives a Cabinet Minister £36k and even a Junior Minister gets £24k and that's on top of all the other perks and pensions they pick up.  I don't have much Sympathy for public sector workers who are getting a fucking good final salary pension as I've always worked for myself and I 'did in' my what little pension I had years ago to get money out of it.  Money purchase schemes are a con anyway, why should you have to buy an ANNUITY?  However, if they want to cut CIVIL SERVICE PENSIONS they should start with the ROBBING BASTARDS OF WESTMINSTER.

HOW MUCH OF YOUR COUNCIL TAX IS GOING IN COUNCIL EMPLOYEES PENSIONS?

HOW MUCH of your Council Tax payment do you think, is going to pay the GOLDEN PLATED, FINAL SALARY pension schemes of EX-COUNCIL EMPLOYEES like the bunch of COFFIN DODGERS ABOVE!

Well, an investigation by me and the Sunday Post has revealed some interesting facts in Scotland.
A survey of 30 local authorities across Scotland revealed they contributed a combined total £629m into their staff pension funds last year. Over the same period their combined council tax income was £2.1bn. SO AN AVERAGE IN SCOTLAND OF 30%.  The highest ratio of council tax to pension contributions was in Orkney, where a massive 69 per cent was paid into staff retirement plans. Next was Eilean Sar (68 per cent), Shetland Islands (65 per cent) and Dundee City (50 per cent). 
Glasgow City Council had the highest pension bill (£54.5m) followed by Edinburgh (£46.1m), Fife (£40.7m) and Aberdeenshire (£39.1m).

69% of all Council Tax contributions going to pay PENSIONS.  How do they pay for the roads, social services etc, etc.  I suppose the rest has to come from the SCOTTISH GOVERNMENT, so we are ending up paying for it twice, so some EX-COUNCIL BIGWIG can sit on a huge FINAL SALARY PENSION.  I think not.  TIME SOMETHING WAS DONE ABOUT IT BEFORE I GET ANGRY!