Scuffling At The Pension Trough

November 01, 2007 8:59 AM


Because I'm worth it


Lord Falconer is scuffling with Gordon Brown over how much money we taxpayers will be forced to shell out to keep him in comfortable retirement. Brown's offering £50 grand pa: Falconer's demanding £100 grand. They'll be meeting in court.

Meanwhile, the head of the Post Office- yes, the same Post Office that is closing half its customer service branches, has abolished Sunday collections, and is racked by strikes- took home £1.25m last year. £150 grand of that was a contribution to his pension.

And of course, Sir Richard "we're all f***ed" Mottram has just retired from the Civil Service with a pension pot of £2.7m.

Just as a painful reminder, these index linked final salary pensions for the public sector cost taxpayers a fortune. The total liability is £1 trillion, which is around £40,000 for every single British household.


But at least we have the comfort of knowing His Lordship won't have to spend old age living on Tesco Value Beans.

Because I'm worth it


Lord Falconer is scuffling with Gordon Brown over how much money we taxpayers will be forced to shell out to keep him in comfortable retirement. Brown's offering £50 grand pa: Falconer's demanding £100 grand. They'll be meeting in court.

Meanwhile, the head of the Post Office- yes, the same Post Office that is closing half its customer service branches, has abolished Sunday collections, and is racked by strikes- took home £1.25m last year. £150 grand of that was a contribution to his pension.

And of course, Sir Richard "we're all f***ed" Mottram has just retired from the Civil Service with a pension pot of £2.7m.

Just as a painful reminder, these index linked final salary pensions for the public sector cost taxpayers a fortune. The total liability is £1 trillion, which is around £40,000 for every single British household.


But at least we have the comfort of knowing His Lordship won't have to spend old age living on Tesco Value Beans.

Latest Blogs:

TaxPayers' Alliance Icon

Taxing holidays doesn't fly

12:01 AM 14, Aug 2017 Duncan Simpson

How to end the housing crisis

10:48 AM 11, Aug 2017 Rory Meakin

TaxPayers' Alliance Icon

Could the end be in sight for stamp duty?

2:23 PM 09, Aug 2017 Jan Zeber

TaxPayers' Alliance Icon

Stamp Duty Land Tax - What is it?

12:29 PM 09, Aug 2017 Rory Meakin

TaxPayers' Alliance Icon

Action on Sugar leave a bad taste in the mouth

11:15 AM 08, Aug 2017 Ben Ramanauskas

TaxPayers' Alliance Icon

It's not more money that the NHS needs...

10:00 AM 04, Aug 2017 Ben Ramanauskas