View Single Post
Old 07-03-2012, 02:39   #26
Tim Deegan
cf.mega poster
 
Join Date: Sep 2011
Services: 3 phone lines, 100mb broadband, and TV x2 (including one Tivo)
Posts: 2,128
Tim Deegan has reached the bronze age
Tim Deegan has reached the bronze ageTim Deegan has reached the bronze ageTim Deegan has reached the bronze ageTim Deegan has reached the bronze ageTim Deegan has reached the bronze ageTim Deegan has reached the bronze age
Re: Pensions - no wonder there are strikes

Quote:
Originally Posted by nomadking View Post
Your claimed 13.3% is for those earning above £120,000 and that is according to the Statutory Instrument(ie the Law). No amendments with regards to age are being made at all, so it remains based around 60. That is for the more generous Final Salary scheme.
Sorry I made a mistake. It is 12.3% in april this year, but is going up to 14% by 2015. But that is on top of a 3 year pay freeze dispite a pay agreement to link firefighter pay to associate technical and professional, only a few years previously. Which means a pay cut in real terms already of 11%.

The 68 year old retirement is in future plans. But as I said, for those who aren't fit enough to be operational until they are 60, they can be sacked, and won't be able to claim their pension until they are 68, because that will be the retirement age by then.
Tim Deegan is offline   Reply With Quote