… to the press (again).
I have very strong views on strike action, and reasons for and against striking. I won’t state here which way I will be balloting, or what action I shall be taking should a strike go ahead, other than to say that I will not take any action which jeopardises my future.
Today’s news (examples here and here) regarding public sector pensions is keen to indicate that the Government have put a very enticing offer on the table. This focuses on the fact that the annual take home pension will be more than under the initial deal – which, on the face of it, is a good thing.
However, one has to search very hard to establish what happens to the level of employee and employer contributions. Likewise, to discover the duration for which these contributions are paid, at what age the pension can be redeemed, and what factors the final amount will be based upon.
My point is that there is much information that is hidden, so the deal on the table may not be as good as it seems at first glance; there is often more than one side to any story.
The views expressed here are my own and do not reflect any of the organisations that I belong to.