Tag Archives: pensions
Trouble in Paradise?
Posted by on Nov 18, 2017
This week on Facebook: Blissful ignorance, Tax Havens and the Paradise Papers —
To each his suff’rings: all are men,Condemn’d alike to groan,The tender for another’s pain;Th’ unfeeling for his own.Yet ah! why should they know their fate?Since sorrow never comes too late,And happiness too swiftly flies.Thought would destroy their paradise.No more; where ignorance is bliss,‘Tis folly to be wise.
Fiscal Policy and the NUM Pension Fund
Posted by on Nov 4, 2017
This week on Facebook: Last week’s post was about pensions and the political fiscal chicanery that successive governments have adopted to steal pension funds and hide their connivance in keeping public sector pensions ‘off the books’. On Sunday I posted a short exert from the television series ‘Yes Minister’, which indicates that the public sector pensions deficit is not a new political issue. What is rarely written about is the financial burden of the funds required to service the pensions of politicians, but perhaps more importantly, how the pensions and contributions of politicians are not subject to the same vagaries as other pensions. Read more of this post
Cassandra on Pensions
Posted by on Oct 28, 2017
This week-on-Facebook: As a retired civil servant, though not in the same league as Sir Robert (Tuesday’s article), I have long thought that the whole pensions system — particularly that of public sector pensions — was a train wreck waiting to happen. Successive UK government consistently deferred this forthcoming train wreck in the hope that it will not happen while they are in office, perhaps even hoping for deus ex machina. Read more of this post
Aasof’s Reflections 