This isn't a PS rant before I begin, but in the current climate we need to cut costs. By and large, those retiring from the public sector have had a continuous job for life with pay as good as in the private sector. On top of that they have pensions which those in the private sector could ony dream of. Therefore with this lifelong earning and generous pension, they should be ready for retirement...so...is there any justification for these lumpsum payments?
I would go further and say that there is no justification for redundancy payments of any kind, statutory or non-statutory, public or private sector.
People should be paid fairly for the work that they do when they do it. They should not be paid when they are not working.
Can Slims post be split to a different thread?
I'd like to reply as most of it is incorrect and I'd hate to think anyone would read it and be mislead, but it's also off topic.
I would go further and say that there is no justification for redundancy payments of any kind, statutory or non-statutory, public or private sector.
People should be paid fairly for the work that they do when they do it. They should not be paid when they are not working.
Pension lump-sum payments are not redundancy payments.
They are a reflection of the difference between the 50% pension in the PS and the typical 66% pension in non PS DB pensions.
Firefly,
I agree that workers should make more conts, which they now do.
I think that existing PS pensions should take a bigger cut.
But focussing too much on the lump-sum gets away from the idea that it is just the captalised value of the 16% difference in pensions.
But focussing too much on the lump-sum gets away from the idea that it is just the captalised value of the 16% difference in pensions.
Sick pay is not mandatory, but yet most employers offer it anyway; employers and employees decide on sick pay between themselves. The same should apply to redundancy pay.Should they be paid when they are out sick Brendan?
Whether we (as the non public sector taxpayers) are against or for the payment of these monies appears to be largely ignored by the decision makers.
Yes, the decisions on the issues are made by the Government. However, the advisors to the Government on these issues would themselves be Public Sector workers with a high level of personal interest in the decision making process.
My difficulty with these payments is the effect of the "Yes Minister" type of decision making. I.e. The process may be fair and equitable, but it is not open. If we could be assured that the decisions on these issues were impartial and based on commercial ralities rather than partiality, we would feel more comfortable with them.
Correct me if im wrong but were not all PS jobs advertised publicly when such vacancies arose with all conditions attached.This isn't a PS rant
Correct me if im wrong but were not all PS jobs advertised publicly when such vacancies arose with all conditions attached.
If YOU did not wish to apply for such jobs and instead decided to stick to the private sector perhaps charging Euro 2 per brick laid or Euro 10 per lenght of copper pipe bent them I suggest you backed the wrong horse my friend.
Perhaps you should look at where you got it wrong before suggesting how those who took the steady but dependable path should suffer .
What is "public" sector and what is "private" sector? Are AIB and BoI public sector? This discussion is so simplistic as to be meaningless. So I'd just like to offer some observations.
I have worked in both public sector and private sector. When I worked in the public sector in the dark days of the 1980s and 1990s my salary was a pittance beside that of my private sector equivalents - all professionals like me. But I couldn't afford to buy a house - they bought large houses in nice suburbs, I got a 10 year old banger - they had brand new cars. I continued to work at the job because I believed in it.
Working now in the "private" sector I am amazed at the perks that still exist despite the economy.....I never realised the scale of the bonuses available, the share option schemes, the pension contributions, the car allowances, the health subscriptions paid and even the sports club subs - all these regarded as routine in some parts of the private sector. Very nice too.[/QUOTE
Perhaps Brendan " Gimme a few bob for my website Burgess " might consider this before unleashing his next condimnation of the public service,
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?