Post office workers

[Daggers]

I'm going on strike soon for a 10% rise in my public sector pay.

Yea me.

[davieG]

Maybe because they see this happening:

RBS have announced the largest ever U.K annual corporate loss of £24.1bn.

It's former Chief Executive Fred Goodwin,is now drawing a pension of £650,000 at the age of 50.

[Ultra]

I'm eagerly awaiting Jon The Hat's attempts to defend Sir Fred.

But Jon has still to provide evidence for his claim that workers in the public sector are paid more than their counterparts elsewhere.

[Webbo]

I'm eagerly awaiting Jon The Hat's attempts to defend Sir Fred.

But Jon has still to provide evidence for his claim that workers in the public sector are paid more than their counterparts elsewhere.

I think JTH was including pension contributions in his claim, something that is always included in (but never explained) in tabloid reports of fat cat pay.

As for Sir Fred, I suspect that there is no legal way of stopping his pension , as I'm sure Gordon Brown knew when he said he'd try to stop it.

If I were Sir Fred I'd tell the politicians to get stuffed and keep on claiming my pension and I don't blame the postmen for wanting the same.

[breadandcheese]

I'm eagerly awaiting Jon The Hat's attempts to defend Sir Fred.

But Jon has still to provide evidence for his claim that workers in the public sector are paid more than their counterparts elsewhere.

There is no defence of Sir Fred, however, to throw mud at him is a diversionary tactic by our government's utter incompetence and failings in dealing with RBS, Lloyds, and all the other banks. The banks have virtually been able to dictate terms to Mr. Brown and Mr. Darling, despite the fact that these are insolvent businesses.

It is this incompetence that has allowed Sir Fred to p*ss his pants as he gets to retire at the age of 50 on £650,000 per year. The best our government can do, after they approved this pension plan, is to then ask him to give it back.

[davieG]

Having worked in and contributed to final salary pension schemes in both the private and public sectors my personal contribution was significantly greater in the public sector one.

And to call them final salary schemes is a bit misleading and could imply that your annual pension is the same as your final salary all I can say is that mine were/is/are a million, trillion miles apart.

[Kent Fox]

Sorry for giving this a bump up the charts again, but I HAVE to stick my oar in here..

JTH has quite superbly got it all wrong again!! The article refers to Royal Mail and NOT the Post Office that you seem to refer to in your opening line!

The 2 businesses are very separate albeit under the same umbrella group. RM is closely linked to, but certainly not the same as PO.

The pension system has changed for all newcomers into both RM and PO but the CWU are targetting the more militant unionists in RM to stage a potential walk-out.

There is a lot of political boll ocks going on within RM, and this drifts PO further from them - which is a good thing, believe me!

I don't really want to get into the argument as there is a lot of stuff going on that is not / has not been in the press yet, so no-one outside RM/PO really fully understand all that is going on. Needless to say, both RM and PO workers signed up to a Government pension and it is expected that the Government cough up - yeah it is tough on taxpayers' having to cough up but then we do for a lot of things we dont want to - the fecking Olympics for a start!!

So, JTH, please get your facts a bit straighter before criticising the WRONG business.

Thanks so much!