The average public sector pension pays £6,000 a year. Hardly excessive.Patrick Bateman wrote:No, I'm for fairness and exploited private sector workers should not be subsidising the excess of fat cat public sector pensions.jamie1978 wrote:So your logic is that because a de-regulated private sector has withdrawn decent pensions, everyone else should have crappy pensions too. How ridiculous.
Or should doctors, teachers, police officers etc live in abject poverty in their old age just because the private sector has scrapped decent pensions?
And you miss the point. If workers have no pension provision, then who pays for their care/food/housing when they are old? The state, i.e. us as taxpayers. Bad pensions in the private sector cost society a lot of money.
I'm for fairness too - corporations should pay their fair share back to the societies that enable them to be successful. Large corporates should provide decent pensions for their workers. The state pays to educate their workers, keep them healthy, pays for the infrastructure (roads/rail/airports) businesses need, pays for a police and judicial system to keep businesses safe. In return, businesses should do their part to keep society in the state they find it. Driving people into poverty in their old age, so the state picks up the bill, is hardly 'fair'.