Monday, May 03, 2010

"Don't let the Tories steal your pension" Vote Labour on 6 May

A very good leaflet put out by UNISON Labour Link about the threat from the Tories (and the Orange Book Liberals) to public pension schemes.

These schemes have been radically reformed in recent years. They are as affordable now as they have ever been.

My pension the Local Government Scheme has nationally over a £100 billion in assets to back it.  Income alone from investments pay for around 25% of the cost. The average pension paid out is just over £4000 per year. It is not a “fat cat” pension - so why should the lower paid public sector workers suffer?

This attack is just sheer political spite.

No comments: