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Andrew[_22_] Andrew[_22_] is offline
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Default OT More on Brexit

On 23/07/2017 23:46, Archibald Tarquin Blenkinsopp wrote:
while the NHS staff get paid peanuts.


I can *really* assure you that NHS staff do not get paid
'peanuts'. 13 years of NuLab saw the NHS budget leap from
£38 Billion to £115 Billion and most of that increase was
down to increased staff costs. The headcount went from 960,000
in 1997 to 1,350,000 by 2007.

And remember, up to 2011 they only paid 6% superannuation
towards their 40/80'ths final salary pension (plus one-off
3x 1st years pension as a tax-free lump sum.).

None of the huge numbers of baby boomers in the NHS ever got made
redundant in their 50's like they would in the private sector, and
being within 10 years of retirement, most are exempt from the 2011
pension reforms. This means they still retire at 60, many with close
to the maximum 40 years service and by now at the top of their
incremental scales, and heads of department too. Many jumped aboard
the 'manager jobs' bonanza that Hewitt and Dobson created in 2001/2.

There are huge numbers in this situation, now all retiring, and few are
earning less than £40K to £50K. Do the maths on the cost of their
unfunded NHS pensions !.