400,000 Set For Pensions Protest On 10 May

PA  |  Posted: 07/05/2012 07:16 Updated: 07/05/2012 07:16   PA

Strikes

A fresh wave of industrial action will be held this week against the Government's controversial public sector pension reforms, with union leaders predicting that up to 400,000 workers could be involved.

Civil servants, lecturers, health workers, Ministry of Defence staff, immigration officers, off-duty police officers and members of the Royal Fleet Auxiliary will be among those joining strikes and other forms of protest on Thursday.

The walkout follows last November's huge stoppage by over one and a half million workers in protest at the planned changes to their pensions.

Most public sector unions remain opposed to the reforms, which they warned would leave millions of workers having to pay more into their pensions, retire later and receive less when they stop work.

Off-duty rank-and-file police officers will also march through central London on Thursday, passing by the Home Office, in a protest over proposed changes to their pay and conditions.

Along with the armed forces and prison officers, the police are banned in law from taking industrial action.

Many officers are angry with the Government in the wake of 20% budget cuts and proposals for the most wide-ranging reform of police pay and conditions in more than 30 years.

The Police Federation said its protest would show "the unprecedented attack on policing by this Government and the consequences that these cuts will have for public safety".

The pensions dispute has been raging for over 18 months, with warnings of further strikes in June and throughout the summer.
Ministers insist the current level of public sector pensions is unsustainable and reforms are needed, saying workers will still receive decent payments on retirement.

Mark Serwotka, general secretary of the Public and Commercial Services union, said: "The coalition has reduced tax for super-earners while making cuts to vital public services like jobcentres, borders and tax collection.

"Public sector workers have seen thousands of their colleagues sacked, their pay has been frozen for two years, and they are being told they must pay much more, and work for up to eight years longer for smaller pensions.

"That's why hundreds of thousands of workers will be striking on Thursday in opposition to the Government's prescription of austerity and misery that has plunged the UK back into recession."

Jobcentres, airports, tax offices, colleges, driving test centres, museums and military sites will all be hit by this week's strike.

Picket lines will be mounted outside Government buildings, Parliament, museums and galleries, while rallies will be held across the country, including London, Birmingham, Glasgow and Liverpool.

Minister for the Cabinet Office, Francis Maude, said: "It is very disappointing that a minority of union insist on carrying on with a futile and disruptive strike action which will benefit no one. We would urge union leaders to reconsider their position. Pension talks will not be reopened and members are risking losing a day's pay for nothing.

"In March we set out our final proposed agreement on pension reform following more than a year of intensive discussions with trades unions. Our reforms ensure that public sector pensions will remain among the very best available and that they can be sustained for the future."

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A fresh wave of industrial action will be held this week against the Government's controversial public sector pension reforms, with union leaders predicting that up to 400,000 workers could be involve...
A fresh wave of industrial action will be held this week against the Government's controversial public sector pension reforms, with union leaders predicting that up to 400,000 workers could be involve...
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03:24 PM on 05/15/2012
Good read. Different country but the math is the same.

http://www.oftwominds.com/blogmay12/unsustainable-pensions5-12.html

That Which is Unsustainable Will Go Away: Pensions (May 15, 2012)

Publicly funded pensions and Medicare are two examples of unsustainable systems that will go away in the decade ahead. Today we look at pensions, tomorrow we examine Medicare.

One of the few things we know with certainty is that which is unsustainable will go away and be replaced by another more sustainable arrangement. Whether we like it or not, or are willing to accept reality or not, unsustainable public pensions will go away.

What makes "defined benefit" pensions unsustainable? 1) Promised cash/benefits packages that are not aligned with the fiscal realities of what can be contributed annually to the pension funds 2) New Normal low yields on low-risk investments and 3) skyrocketing costs of healthcare benefits.

This is easily illustrated with basic math. Recall that defined pensions are not "pay as you go" plans like Social Security, where the taxes paid by today's workers fund the benefits distributed to today's retirees; "defined benefit" pensions are supposed to be paid out of a pension fund which generates returns sufficient to pay the retirees' benefits.

Recall that the Federal Reserve has implicitly promised to hold interest rates to near-zero indefinitely. The 2% annual yield is not an aberration, it is the New Normal.
03:07 PM on 05/07/2012
There you go again, pandering to the will of parliament and going for one anothers throats in the public versus private sector when what we really all should be considering is how our government, all parties, have helped themselves to our pension pots and allowed the financial sector to escape the confines of regulation which could have prevented the big melt down in the first place. Rather than direct anger at each other over issues we never had the ability to prevent is it not time we all got our heads together against the enemy within, in this case, parliament, in the case of the meltdown, banks, whose erroneous figures and calculations of everyones pension pot has now been proved to be simply lies and deceit while they took your money. Divorce banks from politics and thoroughly regulate, theres no other way forward as both industries are overpopulated by thieves who, as we all know, are reaping massive rewards annually.
02:44 PM on 05/07/2012
Perhaps the police will have time to reflect on how the miners felt.Miners that were fighting for their jobs when they were charged and battered by mounted police.

What goes round comes round.
pete78
waiting for that big lotto win
02:33 PM on 05/07/2012
civil servants are a waste on our economy they should save for there own pensions not get the working classes to pay for it,sack em if they are not happy I would jump at the chance of getting there pensions
02:07 PM on 05/07/2012
If you public service workers want decent pensions, pay for them yourselves, don't ask me for any money cos I aint got any. As for retirement age, most of you people put your feet up too early, you wouldn't know a days work if it jumped up and shouted at you.
01:39 PM on 05/07/2012
Funny how Francis Maude told the public to hoard petrol in jerry cans over the possible fuel strike, ( which incidentally has not materialised ) , but is not telling people to hoard cash over this strike.

Predictably, the government wants to keep this cash for themselves and their best friends.
01:25 PM on 05/07/2012
As a former civil servant and shop steward I read the Hutton report very closely and hidden in one of the back paragraphs it states although M.P.s are civil servants and their pensions come under this umbrella their pension terms should not be altered or reviewed! Who is in the lucrative role of running the pension scheme? Yes you guessed it, The honourable John Hutton!!! It stinks, one rule for us and a different rule for them.
12:59 PM on 05/07/2012
No problem the goverment will still find money for foreign aide
HUFFPOST SUPER USER
NOSHER
02:48 PM on 05/07/2012
how right u are ,why cant they put all that money to our own country, dont see any country helping us, but it doesnt matter we will have to struggle along and keep giving to countries that just squander there money on anything but aid ie pakistan who are spending money on rockets and arms but asking other people to help there poor ,its a big disgrace
12:49 PM on 05/07/2012
I doubt this will achieve much.
But let them have their say.
The government could'nt give a toss their pensions/pension pots are safe/secure and mounting up as each day passes.
I feel the government should really be taken to task about the way they have treated pensioners/old aged people and a long list of others.
Good luck to the marchers at least the police do it in thier own time as they cannot strike.
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Fozwords
Abandon hope when you post on here
01:24 PM on 05/07/2012
One thing for certain Gordon Brown certainly cared about pension pots, oh yes, when he saw how much they held he was into them quicker than a rabbit in a lettuce patch, and NEVER put a penny back.
11:57 AM on 05/07/2012
Won't work. The sixteen or so who run the country have made a decision that affects thousands so what's the problem? Don't bother to protest you have no say and no voice, so forget it and don't waist your time.
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11:44 AM on 05/07/2012
If we can just persuade them to go on strike for aq month we will save loads and the country will probably run better
11:59 AM on 05/07/2012
well said, the majority of people wont even notice these people are not at work.
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janno000
12:14 PM on 05/07/2012
you wouldn't notice if teachers, police, doctors etc didn't go to work?
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11:39 AM on 05/07/2012
As we wont have to pay them for that day can i have some council tax back.
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Fozwords
Abandon hope when you post on here
01:29 PM on 05/07/2012
£1.85
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10:57 AM on 05/07/2012
The private sector dont want to pay for your pensions anymore thanks !!
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janno000
12:16 PM on 05/07/2012
The govt spends more money per year subsidising private pensions than it pays out on public sector pensions, perhaps they should stop doing that eh?
12:51 PM on 05/07/2012
Agreed.
10:57 AM on 05/07/2012
Strike day means the roads are quite clear - keep it up !!