Saturday, 28 February 2009

Cuts in public services but not public sector bosses' and government ministers' pensions

Audit Commission chief Steve Bundred has commented that drastic cuts in public services are likely to occur when the recession ends (and it seems like it will never end).

Someone needs to hint to Gordon Brown that it might be time to take a pension cut.

Today's Guardian reports that Still Prime Minister Brown will receive a pension of £87,000 per year (higher than what most people earn in this country).

£37,000 of this is because he was an MP for over twenty years (why this merits extra cash I do not know).

It is interesting that this is not mentioned by the Prime Minister when he rages about former RBS executive Sir Fred Goodwin's £16 million pension.

The Guardian also mentions that former deputy prime minister John Prescott will receive £60,000 per year, £37,000 of it for long service.

Unlike well-paid public sector bosses, the average public sector worker recieves a £4,700 occupation pension supplemented by a state pension of £4716 per year (dependent on Nat.Insurance contributions).

No wonder a summer of rage is predictedby Superintendent David Hartshorn of the Metropolitan Police's public order branch.

Earlier this week activists held a pancake day parade along Oxford Street while hanging an effigy of a banker at Tyburn in the march of "the Corporate Undead".

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