Levelling down for public pensions, not for the rich

The agreement finally reached on the local government pension scheme after the government made significant concessions has rather less to do with official generosity than fear about the consequences if the scheme were so eviscerated that hundreds of thousands of local government workers might decide there was no point in continuing to contribute to it since, if they walked away, they would still get the same amount of money in retirement from means-tested income support.

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Share your private sector horror stories

Bloated. Inefficient. Wasteful. Pampered. Manned by the lazy and incompetent; administered by shameless fat cats with salaries that make the Prime Minister look like a pauper. All-expenses paid trips to exotic locations. Non-jobs like ‘Executive Officer to Protect Endangered Snakes’. This is Britain’s public sector, if the relentless campaign of bile directed against it by the Conservative Party and their allies in the right-wing media is to be believed. Continue reading