Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: http://www.socialistparty.org.uk/issue/418/4754

From The Socialist newspaper, 1 December 2005

Attack on pensions: We won't work till we drop!

WHO DO these people think they are?

Digby Jones of the bosses' organisation the CBI, Chancellor Gordon Brown and other cabinet ministers and Adair Turner chairman of the Pensions Commission all have gilt-edged pensions.

Ken Smith

But, they have the cheek to tell the rest of us that if we are to have even a sniff of our state and occupational pensions we'll have to work longer, pay more and claim less.

They want to tear up the public-sector framework agreement which allows current members of public-sector pension schemes in health, education and civil service the prospect of retiring at 60 and it seems likely they want us to carry on working longer before claiming our pittance of a state pension.

For many public-sector workers, their measly occupational pensions - 4,000 a year on average for civil servants - mean they have to carry on working until they are 65 anyway.

If the pension age increases to 67, as the Turner Commission is likely to recommend, then they will have to carry on working till then also. The right to retire at 60 will be an illusion for many.

Fat Cats

Last week the top bosses and government ministers said it was unfair that public-sector workers could claim their occupational pension at 60 while private-sector workers work until they are 67.

Well these Fat Cats know a thing or two about getting away with unjust practices.

All these top bosses can retire at 60 with pensions worth up to 45 times more than most staff pensions.

And MPs have always given themselves over-generous increases in their pension entitlement. Immediately after the 2001 general election, MPs voted to increase their salaries by 26% and further enhance their pensions - described now as the "best pension scheme in Western Europe".

MPs

An MP can now retire on an index-linked maximum pension of two-thirds salary after only 20 or so years' service or five general elections.

As usual it's one rule for them and another for the rest of us.

Our message should be if they won't give up their pension entitlements then why should we? Why should we work until we drop?

There is enough money there to provide decent state and occupational pensions for all. The trouble is the bosses and fat cat MPs don't want to share it with us.

But if public-sector workers, private-sector workers and pensioners unite against the divide and rule bosses then we can stop greedy, lying, parasites like Digby Jones in their tracks.

National Demonstration

If workers campaign to ensure the TUC acts on its decision to call a national demonstration uniting all workers, then we can build a movement that protects public-sector pensions for all.

That could bring final-salary schemes and the right to retire at 60 back for all private-sector workers and introduce a decent, living pension equivalent to the European Union decency threshold of 320 a week for all pensioners.

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


In The Socialist 1 December 2005:

Attack on pensions: We won't work till we drop!

Pensions struggles still loom

Don't let the profit system cost us the earth!

'Free market' threatens cold weather crisis

NHS feature: Bring the campaigns together

Campaign for a New Workers' Party

Fight for a political voice for young people!

Hidden - the effects of term-time working

Weakness invites aggression

Workers fight introduction of cheap labour

USA - Lame duck president George Bush waddles on

Exploited workers in Middle East fight back

LSP/MAS mobilises against neo-fascists


 

Home   |   The Socialist 1 December 2005   |   Join the Socialist Party

Subscribe   |   Donate  




Related links:

Pensions:

triangleRoyal Mail bosses block strike - back postal workers

triangleSet for national strike action

triangleCWU strike ballot to win 'Four Pillars'

triangleCWU members prepare for industrial action at Royal Mail

triangleBosses' pensions robbery

Pension:

triangleYoung people being strangled by debts

triangleThyssenKrupp - Tata steel merger

triangleCWU strike ballot - why I'm voting Yes

triangleBT attack on pension benefits

Public-sector:

trianglePreparing for the showdown

MPs:

triangleMagic money tree

triangleReject Starmer's Single Market u-turn

Reports and campaigns

Reports and campaigns

19/10/17

North West

Arriva North West bus drivers strike over pay

18/10/17

Democratic rights

Conference on state spies: who's watching who?

18/10/17

Leeds

Striking back against sackers' charter at Leeds Uni

18/10/17

Royal Mail

Royal Mail bosses block strike - back postal workers

18/10/17

PCS

Balloting members on the pay cap

18/10/17

Art

'Dazzling' Bad Art show points to socialist future

18/10/17

Council

Sheffield Labour council threatens peaceful protesters with prison

18/10/17

South West Wales

Hundreds turn out for rally aimed at removing west Wales Tory MP

18/10/17

NHS

Uprising to save the NHS!

18/10/17

Socialism

Can you donate to the Socialism 2017 appeal?

18/10/17

East London

No cuts - hands off King George A&E!

18/10/17

North London

North London hospital workers fight cuts and job losses

18/10/17

BAE

Nationalise to save jobs at BAE Systems

18/10/17

Schools

Schools "can't go any further" - stop the cuts: set deficit budgets now

18/10/17

Swansea

Socialist Students 'welcome' Hillary Clinton to Swansea

triangleMore Reports and campaigns articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party

triangle19 Oct Arriva North West bus drivers strike over pay

triangle18 Oct Russia, October 1917: When workers took power

triangle18 Oct Tories torn - bin them now

triangle18 Oct Royal Mail bosses block strike - back postal workers

triangle18 Oct Balloting members on the pay cap

triangle13 Oct The end of the Tories?

triangle11 Oct Nasty party imploding...drive out the Tories

More ...

triangle21 Oct Birmingham: NSSN Solidarity Forum

triangle23 Oct Chesterfield Socialist Party: The continuing struggle for abortion rights

triangle24 Oct Liverpool Socialist Party: The October Russian Revolution 100 years ago to the day

triangle25 Oct Salford Socialist Party: The October 1917 Russian revolution

More ...

Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

Archive

Archives:

October 2017

September 2017

August 2017

July 2017

June 2017

May 2017

April 2017

March 2017

February 2017

January 2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

Legal

SP RSS feed RSS

Platform setting: = No platform choice

V2