Friday, September 23, 2005
I was at a school governors meeting last night where the teaching unions confirmed their opposition to government plans that could result in some teaching staff taking pay cuts. Their main concern, which I fully agree with, is that with so many teachers in their 50's, a reduction in pay could have a major impact on their pension entitlement. By the look of these proposals, they need not worry too much because they're going to have to work until they die anyway! If any government thinks they can escape the wrath of an electorate, many of whom are busy making plans to travel the world or buy a gite in Normandy on the strength of their property equity and pension lump sum, they must be living in cloud cuckoo land.
Posted by Bob Piper at Friday, September 23, 2005