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    Old 30th November 2011, 02:03 PM   #1
    Mackemken
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    Default Five live this morning.....pensions

    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
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    Old 30th November 2011, 02:12 PM   #2
    Spot
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    Default Re: Five live this morning.....pensions

    ^This ^This ^This
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    Old 30th November 2011, 02:13 PM   #3
    Flared Hicks
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    Default Re: Five live this morning.....pensions

    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?
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    Old 30th November 2011, 02:28 PM   #4
    Sideshow Bob2
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    Default Re: Five live this morning.....pensions

    Quote:
    Originally Posted by Flared Hicks View Post
    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.
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    Old 30th November 2011, 02:29 PM   #5
    mikemanc
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    Default Re: Five live this morning.....pensions

    Quote:
    Originally Posted by Sideshow Bob2 View Post


    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.
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    Old 30th November 2011, 02:47 PM   #6
    YorkMackem
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    Default Re: Five live this morning.....pensions

    Quote:
    Originally Posted by Sideshow Bob2 View Post


    What a fucking idiot.

    He probably thinks the one per cent raise is actually a raise as well.
    It is man. Spavin telt 'us.
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    Old 30th November 2011, 03:09 PM   #7
    PTR
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    Default Re: Five live this morning.....pensions

    Quote:
    Originally Posted by Mackemken View Post
    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.
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    Old 30th November 2011, 03:10 PM   #8
    PTR
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    Default Re: Five live this morning.....pensions

    Quote:
    Originally Posted by Spot View Post
    ^This ^This ^This
    This This This, proves you're a prick.
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    Old 30th November 2011, 03:11 PM   #9
    mcq10
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    Default Re: Five live this morning.....pensions

    Quote:
    Originally Posted by Spot View Post
    ^This ^This ^This
    Oh dear made to look stupid again......
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    Old 30th November 2011, 04:16 PM   #10
    JAZZMANB
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    Default Re: Five live this morning.....pensions

    Quote:
    Originally Posted by Mackemken View Post
    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!!

    04:18 PM..
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