Do continue on after NT leaves RMC? You're another one that knows all the answers, why are you still with RM when obviously with all your talents/business expertise you could be a big asset elsewhere in a higher paid job.Tman wrote:With respect, this is tosh.The repercussions for those with pensions in Royal Mail don't bear thinking about and since Royal Mail workers/pensioners deal with many financial institutions it WILL have far reaching consequences. A bank can be compared to a pension. They both are used by people. The government can pay into our pension if they had the political will. End of.[
Were RM's scheme to collapse (and it won't) you honestly feel it would have the same effect on the economy of GB as a run on a bank? A bank can be compared to a pension fund?![]()
Maybe you're forgetting that there are many pension schemes, (including goernment dept. ones) who've been hit hard by the same conditions ours has, so apart from the fact that the government sure as Hell won't want to create a precedent by paying money into failing schemes, they (the government) also won't want to be seen to be "looking after their own" at the expense of the rest of society, because that would be a big vote-loser too.
All this talk of EU, banks, laws, political wills etc etc is just hot air though. The fund has been rejigged whether we like it or not, and although it appears to be not as good as before, we're stuck with it.
All the carping and criticising, hypothetical ruminating, dumb name-calling and "ahh yeah buts" ultimately mean nothing, as do the threats of further IA. The last strike would have crumbled had it gone on much longer (mainly due to all the young kids and Poles on short-term/1 hour per day contracts having no will or reason to strike) and this will be more of the same.
So it's just hot air when pensioners lobbied the government for compensation for pension schemes that had collapsed for various means and the government said sorry but we can't help you, then changed their decision and did compensate them some of them fully?