It would be interesting so to see a breakdown of pensions in the CS/PS.Let's be absolutely clear. I want to see fair and generous pensions for all the public service.
If we have a scheme at present that is exploiting low paid employees and "spoling" high paid employees, then my scheme would redress that.
The public service, low paid or high paid, should get the same generous defined contribution pension as any other generous employer offers. No more and no less.
Brendan
Does anyone know what the short term cost to the State would be by doing what Brendan proposes?
I think it will be a good spectator sport on TV tonight. Brendan is a brave man indeed. Pat Kenny is particularly strong on pensions.
It's not about pensions tonight.
It's about housing.
But I will be a lone voice on that as well. It's hard work challenging the consensus view, but someone has to do it.
Brendan
It's not about pensions tonight.
It's about housing.
But I will be a lone voice on that as well. It's hard work challenging the consensus view, but someone has to do it.
Brendan
Do have link to your housing view in the forum?
I for one can confirm this- if the pension changes in the PS/CS, I'm outta hereIf you can earn more in the private sector perhaps contracting, and get broadly similar conditions. A change in pension would remove a lot of the reason to stay in the public sector. Especially for in demand skillets or professions.
Probably why it's awash with contractors and outsourcing.
If you can earn more in the private sector perhaps contracting, and get broadly similar conditions. A change in pension would remove a lot of the reason to stay in the public sector. Especially for in demand skillets or professions.
Probably why it's awash with contractors and outsourcing.
You are looking at it from the wrong direction. Why would you be an IT professional in the public/civil service when you can earn multiples of your salary in private contract work?I don't fully follow what you are saying here. Are you saying that if you are an IT professional, you are better off in the public sector because the pension scheme is so generous?
But why does this make it awash with contractors? Surely they don't get the public sector pension benefits?
Brendan
Hi Albacore
I don't fully follow what you are saying here. Are you saying that if you are an IT professional, you are better off in the public sector because the pension scheme is so generous?
But why does this make it awash with contractors? Surely they don't get the public sector pension benefits?
Brendan
You are looking at it from the wrong direction. Why would you be an IT professional in the public/civil service when you can earn multiples of your salary in private contract work?
Contractors and outsourcing may be a false economy and actually cost more than employing employees.
Some people will sacrifice increased earning potential via contracting, in return for an employment package including a high degree of security and a pension.
Hi Albacore
I don't fully follow what you are saying here. Are you saying that if you are an IT professional, you are better off in the public sector because the pension scheme is so generous?
But why does this make it awash with contractors? Surely they don't get the public sector pension benefits?
Brendan
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