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"I'm All Right Jack" MP baseball caps

This topic contains 1 reply, has 1 voice, and was last updated by Our Wullie Our Wullie 12 years, 7 months ago.

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  • Our Wullie
    Our Wullie

    Please donate an “I’m All Right Jack” baseball cap to MP’s, regardless of their political persausion, to communicate their generous pension provisions to the voting public.
    They enjoy 1/40th’s Final Salary Scheme pensions, which means that they only have to work for 20 years in order to receive 50% of their final salary as a pension (index linked of course!!).
    The fund is not plundered by Gordon, nor is it subject to the foibles of the stock market – indeed they have no fund to worry about because their pension is paid from tax receipts.
    Pause for a moment and consider how much money you would have to pay from your own salary to retire on half salary in twenty years time. Just to save you a little time I can tell you now – you cannot afford it!!!!
    I can understand the justification of MP’s salaries and even some dubious expense accounts. I cannot however even begin to justify the pension benefits – perhaps someone else can??

    #24763 Reply
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