TroutWrestler – Member
The employer contributes 14.9%. This is the deal that I signed up to, and was part of my consideration when picking a career in which I knew I’d never get rich.
Our pensions were restructured in 2007 for new entrants who accrue at a different rate. The point of this exercise was to ensure the long term viability of the scheme.
What is the difference now? In the Post-2008 world the Government want to reduce the deficit and Public Sector workers are an easy target for a 3% tax increase. The STSS doesn’t need the money, but Government coffers do.
Why not just increase Income Tax for everyone by 3%? Because Public Sector workers are easy to single out and unlikely to vote Tory anyway.
Why cut Tax Credits? Because recipients are unlikely to vote Tory anyway.
See a pattern?
Na, doubt it most voted Tory to be hip and to shy of there working class backgrounds