Politics OnLine home

Politics OnLine UK

Uk Politics

November 2005

Blog

Anglican schism threat

A watched society

Daylight robbery

October 2005

I believe in...

In a world gone mad

September 2005

Hurricane Katrina

June 2005

an idea whose time had come

March 2005

The world that  we created

Rule of law breached

Terrorism and Law

December 2004

A most terrible thing

Identity cards

The morality error

November 2004

Butt out

Hunt ban

Colin Powell resigns

October 2004

US election

Fahrenheit 9/11

Troop request not political

Intentions

Hostage killed

The personal is political

Jobz for the Boyz

Dear Mike, Iraq sucks

Tory conference 2004

The right is winning.

September 2004

Do what you will

De facto terrorism

Brutal honesty

Perish the thought

New Iraq war

The hunt

August 2004

Terrorism threat UK

July 2004

Hazel Blears MP

Geraldine Smith MP

Acts of terror

War and people

Fahrenheit 9/11

June 2004

The Sun

David Westwood

January 2004

Hutton report

Michael Howard's Tories?

Camp Xray

What is going on?

Protesters arrested

Hutton enquiry

Young people

Oh happy day!

Making a profit?

David Kelly

Row over 'sexed up' report

TA sent to Iraq

Crooks in suits

Dealing with Spam

Pensions outrage

Ink Cartridge scandal

Extradite and be damned

No confidence

Desperately seeking safety

Response to Mr Blair

Personal comments on the Bll of Rights

Bill of Rights

 

Uploaded: 05 July 2003

Pensions deceit and disgrace.

Source: The Daily Mail. Thursday July 3, 2003

Labour has messed up the pension system, and their latest move to allow British people to work till they are 70 is a cover-up for a financial disaster.

Stealth taxes imposed by Gordon Brown have cost the pension industry 100 billion, leaving them unable to cope with the stock market slump.

However, last year MP's voted themselves a 25% rise in pension payments. That means that instead of picking up one fiftieth of their 55,118 a year salaries for each year of service, they will get one fortieth. 

This spring an examination of the Commons pension fund found it was 25 million short of the funds it needed to cover retired politicians' lavish benefits. So MP's voted themselves an extra 25 million from tax payers to cover the shortfall.

 

 

Please submit comments and suggestions to: