27-10-2013, 09:58
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#20
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God Member
Join Date: Jul 2006
Location: defending the union
Posts: 5,540
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Re: Grangemouth
Quote:
Originally Posted by cashman
Thing is though wi pensions having to be reduced,is in the 80s/90s Greedy barstward firms took "Pension Holidays" the reason given was there was too much money in the kitty n it would "NEVER" all be needed,I myself was one who argued wi em, about the Boom @ Bust cycle, But no they took a few years holiday,putting sod all in the pension pot,whilst workers still contributed their share weekly. Many are not aware of this fact,or choose to ignore it, THat is the reason firms cannot now afford Final Pensions, Funny the pay offs n the like fer those that took this mad decision aint been affected as i can see,
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Robert Maxwell was lambasted for stealing pensions, now its just the norm I wish we could get a decent press who would query this robbery. .ohh no I forgot these papers are funded by the very people who do these things.
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