Five live this morning.....pensions

Mackemken · 30th November 2011, 02:03 PM

Bloke came on describing his dad's public sector pension

"he started as a prison officer on £20 per week, had a long career and retired as a prison governor 20 years ago on 50% final salary pension."

He worked out that not only had his dad had a pension far above what him and his employer (the state) paid in, he has actually got more out of his pension than he earned in his working life!

So who pays the difference? Moi

Spot · 30th November 2011, 02:12 PM

^This

^This

Flared Hicks · 30th November 2011, 02:13 PM

You know when you went to skewel, and they did sums and stuff? Did you ever get to the stage where they showed you how to calculate compound interest?

Sideshow Bob2 · 30th November 2011, 02:28 PM

Quote:

Originally Posted by Flared Hicks

You know when you went to skewel, and they did sums and stuff? Did you ever get to the stage where they showed you how to calculate compound interest?

What a fucking idiot.

He probably thinks the one per cent raise is actually a raise as well.

mikemanc · 30th November 2011, 02:29 PM

Quote:

Originally Posted by Sideshow Bob2

What a fucking idiot.

He probably thinks the one per cent raise is actually a raise as well.

Jesus, now you've done it. His brain's just exploded.

YorkMackem · 30th November 2011, 02:47 PM

Quote:

Originally Posted by Sideshow Bob2

What a fucking idiot.

He probably thinks the one per cent raise is actually a raise as well.

It is man. Spavin telt 'us.

PTR · 30th November 2011, 03:09 PM

Quote:

Originally Posted by Mackemken

Bloke came on describing his dad's public sector pension

"he started as a prison officer on £20 per week, had a long career and retired as a prison governor 20 years ago on 50% final salary pension."

He worked out that not only had his dad had a pension far above what him and his employer (the state) paid in, he has actually got more out of his pension than he earned in his working life!

So who pays the difference? Moi

I like the way inflation has been utterly ignored over what, 60 years? here.

Edit: Just seen the other replies. Thank fuck some people have some fucking sense.

PTR · 30th November 2011, 03:10 PM

Quote:

Originally Posted by Spot

^This

This This This, proves you're a prick.

mcq10 · 30th November 2011, 03:11 PM

Quote:

Originally Posted by Spot

^This

Oh dear made to look stupid again......

JAZZMANB · 30th November 2011, 04:16 PM

Quote:

Originally Posted by Mackemken

Bloke came on describing his dad's public sector pension

"he started as a prison officer on £20 per week, had a long career and retired as a prison governor 20 years ago on 50% final salary pension."

He worked out that not only had his dad had a pension far above what him and his employer (the state) paid in, he has actually got more out of his pension than he earned in his working life!

So who pays the difference? Moi

...good on him,the pension went with the job, he went from the bottom to the top in a job i wouldnt envy and is still going strong...not everyone does...sounds like the son would have been less bitter if his da had pegged it!!