DE,
First of all hold no brief for the BBC's staff, pampered or otherwise. However, as a public sector employee I may have a common interest!!
The state has robbed everybody by pushing back the age for state retirement pension. A statutory provision is not a contract. The government can rob you blind at will subject only to the non existent consciences of MPs and checks by the electorate.
Occupational pension is deferred salary and part of a contract of employment. If the employer wants to increase payments or decrease the value of future years that is a matter for negotiation. Retrospectively devaluing 'banked' years is something the staff find unacceptable.
The mess in the BBC pension fund, like a few others is at least in part due to the employer taking a lengthy contribution holiday during the good years.
Last edited by: Bromptonaut on Sat 6 Nov 10 at 08:51
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