Re: Tory party - no hard BREXIT.
Originally Posted by
Banchory
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We don’t need to increase taxes, just reduce the burden of the taxpayer subsidising enhanced benefits on public sector pensions . That would free up some 26 billion a year to be spent on public services
Hi
It depends what sort of Public Sector Pensions you are talking about.
Some were fully funded until Blair and Brown raided them.
Mine were in fact, in surplus.
Because I was contracted out, I do not get the Full State Pension.
I, like many others, paid in extra, AVCs, additional voluntary contributions.
If, on your logic, only fully funded pensions where left alone, the State Pension would be hugely reduced as well.