noblesteed
Well-Known Member
See this is where it all goes wrong. What the media and the Government are saying about our pensions is lies and rubbish! People really need to get their facts right!!!!!
For example Jen_Cots - We in the public sector do NOT pay 3% of our salary into pensions. We ALREADY pay 6% - the government is planning to INCREASE that by 3.5 % making our monthly contribution nearly 10%. That raises my monthly contribution to my pension from £341 per month as it currently is, to around £420 a month.
The money that I cirrently pay into the pensions fund goes directly to the people who are currently being paid a teacher's pension. The TAX PAYER does not pay it! I do!!! THe idea is when I retire the teachers who are paying into THEIR pension will actually be paying ME...
I don't regard £420 a month as a 'cheap' pension!!!!! Crikey I didn;t realise it was that much til I looked at it....
How many of you Private sector workers pay over £400 a month into your pension???
For example Jen_Cots - We in the public sector do NOT pay 3% of our salary into pensions. We ALREADY pay 6% - the government is planning to INCREASE that by 3.5 % making our monthly contribution nearly 10%. That raises my monthly contribution to my pension from £341 per month as it currently is, to around £420 a month.
The money that I cirrently pay into the pensions fund goes directly to the people who are currently being paid a teacher's pension. The TAX PAYER does not pay it! I do!!! THe idea is when I retire the teachers who are paying into THEIR pension will actually be paying ME...
I don't regard £420 a month as a 'cheap' pension!!!!! Crikey I didn;t realise it was that much til I looked at it....
How many of you Private sector workers pay over £400 a month into your pension???