Most teachers work pretty hard, with various results affected by all kinds of stuff.
But whatever, I don't support public sector strikes to protect current pension rights.
I would sympathise with older employees if they were suddenly told they had lost 20/30-years worth of financial planning and it is too late for them to make up their fund shortfall, but as I understand it the proposed new rules mitigate the change for older employees.
The bottom line is that total pension liabilities in the UK are unaffordable. Private sector workers are buying their own pensions out of a lower average wage than the public sector, and pay through their taxes for public sector pensions as well. So if they have no choice but to accept less, so should the public sector.
But whatever, I don't support public sector strikes to protect current pension rights.
I would sympathise with older employees if they were suddenly told they had lost 20/30-years worth of financial planning and it is too late for them to make up their fund shortfall, but as I understand it the proposed new rules mitigate the change for older employees.
The bottom line is that total pension liabilities in the UK are unaffordable. Private sector workers are buying their own pensions out of a lower average wage than the public sector, and pay through their taxes for public sector pensions as well. So if they have no choice but to accept less, so should the public sector.
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