Monday, 15 December 2008

Public sector pension shortfall is now £1 Trillion

On Friday I had my pensions advisor in to be told that my pension had lost 24% in value in the last six months. I have to ensure that I increase my contributions to get anywhere near a decent pot. It looks like however that I am going to be obliged to to increase my contributions to ensure the gold plated public sector can retire in the comfort they have been accustomed to.

One Trillion Pounds shortfall ! Thanks Gordon, Are you going to start laying off public servants now ?

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