Joined September 2019
- Tweets 3,766
- Following 270
- Followers 363
- Likes 494
21 Photos and videos
Prospect Pension retweeted
16 Aug 2024
The government has today published the terms of reference for the first phase of the pensions review gov.uk/government/publicatio…
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14 Aug 2024
It’s Gender Pension Gap Day – and we need to talk about Carers Credit
tuc.org.uk/blogs/its-gender-…
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Prospect Pension retweeted
14 Aug 2024
Today is gender Gender Pension Gap Day - the point of the year at which the average woman would stop getting any money if she took her pension at the same rate as the average men.
Which is a long-winded way of saying the gender pension gap is HUGE.
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1 Aug 2024
Civil servants already have this choice. They can join Partnership, pay no contributions, increase take-home pay, employer pays lower pension contributions.
I do not recommend doing this (if opting for Partnership at least consider if you can afford matching contributions).
31 Jul 2024
Would you like to have the choice of taking higher take-home pay at the expense of less-generous pension contributions?
civilserviceworld.com/news/a…
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31 Jul 2024
Hard to disagree with anything in this thread.
31 Jul 2024
Thread 🧵 on the Labour reduction in #WinterFuelPayments.
I was the Minister in charge of this policy at DWP from 2017-2022. Labour are making a big mistake 1/
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30 Jul 2024
Is today 'National Bad Takes About Means-Testing Benefits By Political Journalists Who Dont Have A Deep Understanding Of The Issue Day'?
Do Hallmark do a card for it?
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24 Jul 2024
"To ask the Minister for the Cabinet Office, whether he has plans to amend the Civil Service Pension Scheme in addition to implementation of the McCloud judgment."
I wonder what the former Minister for the Cabinet Office could be getting at?!
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24 Jul 2024
Because I couldnt fit the link in the previous tweet:
Written questions and answers - Written questions, answers and statements - UK Parliament
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24 Jul 2024
I'm struggling to see this as a good case to argue for compensation. By 2018 (when she retired), the WASPI campaign itself had been going for years. Even if she was unaware of it then, she had the option of returning to work a year or so later when she found out (which she did).
24 Jul 2024
I’m a Waspi woman forced to sell half my house - Labour must compensate us inews.co.uk/news/waspi-woman…
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24 Jul 2024
This is the kind of example that might actually make MPs lean towards the lower end of the range of compensation recommended by the Ombudsman (or even require a process for people to apply for compensation and demonstrate their losses).
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23 Jul 2024
"MPs will not reform public sector pensions"
Except when they changed how they increased from RPI to CPI (2010). And when they increased member contributions by 3.2% of pay (from 2012). And when they changed them from final salary to CARE and increased pension age to SPA (2015).
23 Jul 2024
But as you note, MPs will not reform public sector pensions because they enjoy generous defined benefit pensions themselves. They know the media and public never focus on this. Yet the total cost of public sector pension commitments is £2.3 trillion.
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23 Jul 2024
But if @LukeJohnsonRCP thinks the problem with the schemes is that the accounts measure the real value of total future payments at £2.3 trillion, then he's in luck. If he waits a few months he will find the estimate will reduce by about £1 trillion and the problem will go away!
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22 Jul 2024
If I were the Adam Smith Institute (@ASI) I wouldnt go around making the ridiculous claim that an unfunded pension could go "bust".
22 Jul 2024
📺 As @sam_bidwell mentioned on @GBNEWS this morning, our calculations showed that the State Pension could go bust as early as 2035!
📝 Read more here:
adamsmith.org/research/up-in…
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19 Jul 2024
The amazing thing about this article is that a Treasury official is quoted referring to the OBR projections showing that the cost of public sector pensions is expected to all.
The public sector pensions Ponzi scheme is an insult to taxpayers telegraph.co.uk/money/pensio…
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19 Jul 2024
I cant remember Treasury officials ever making this obvious point in response to the hysterical (and completely inaccurate) description of these schemes as a "Ponzi".
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19 Jul 2024
Absolutely no idea where the £5 trillion estimate comes from though - that's over double the out of date figure from the latest Whole of Government Accounts (which itself will fall by another £1 trillion or so when the following year's set are published).
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16 Jul 2024
This person was an MP. How is it possible to be so obtuse?
16 Jul 2024
If you didn’t know there had been a global pandemic, you wouldn’t spot it from this chart of UK deaths.
Draconian lockdowns might be justifiable in some circumstances but for Covid they were completely out of proportion to the threat.
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9 Jul 2024
The Court of Appeal has upheld the High Court ruling. The BBC will not appeal any further. Still uncertainty about the future though.
29 Jul 2023
Relief for @bectu members in the BBC Pension Scheme (the DB scheme). The judgment interprets the amendment rule very restrictively (making detrimental changes to future service or scheme closure impractical). But the wider issues remain so still much uncertainty.
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14 Jul 2024
I can't imagine Treasury officials will be happy about this. It would reduce income by tens of millions. If other trusts followed it could hundreds.
United Learning to offer alternative pension and boost starter salaries to £45k schoolsweek.co.uk/united-lea…
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14 Jul 2024
This would make it harder to meet fiscal targets. Treasury would never approve major central government employers taking this approach. They do allow some to do it on a small scale. Surely academies employ too many people for Treasury to be comfortable with it.
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