I'm not bumping, trolling or whatever the latest lingo is on the old internet! I'm just interested in peoples opinion....
I had a guy approach me the other day asking me to sign his petition about his statutory pention contributions rising. I had a chat with him and the more i let him speak the more i couldnt help to a certain extent disagree with him.
In essence he is being made to contribute more to his pot to allow the government to make up the difference. Fine, i understand thats how it works and wants what he's promised. No problem with that.
Then he started telling me about all the hours he works (50 hours) with weekends and nights included. He asked me how i felt about that and if i had any sympathy for him. I told him 'no'..... My answer was you knew the deal when you signed up, so why now is it such a big deal??
He asked me what i work....37.5 contract....its more like 50 and i dont get paid for the OT, its just expected rightly or wrongly. Then he said weekends, what do you work....5 on the run paid, but never the less 5 weeks on the bounce is a long time i told him.
He then went on about his pension about how its not fair and he shouldnt be expected to pay the difference. At this point i was really quite confused, i said 'hang on to get a final salary pension at 50 i will need after ive paid my mortgage, put the kids through school, lived, i would need to find about 1.5 million pound to have in a pension pot'. I explained that if my pension didnt perform thats it tough sh1t, i need to deal with it and cover as best as i can'.
He said, you shouldnt compare public and private sector pension and that i should show him some sympathy and support..... I'm sorry i just dont have any when retirement for people like me is going to be a slog to reach anything like a final salary. Its a shame, but surely these people are now in the 'real' world where investments dont always go to plan.
Does anyone feel like that or did i just catch someone who rubbed me up the wrong way??
Its bothered me all afternoon as to how hard done by he felt he was....