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Originally Posted by danielf
That doesn't matter one bit. People in the private sector receive employer contributions as well.
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Of course it matters.
The police, and most other public bodies, don't generate profits they are 100% paid for by the taxpayer.
When you pay your Council Tax, and please check..... I'm pretty sure there isn't a line item on your bill that says Virgin Media, therefore you are not funding my employers contributions to my pension.
If you subscribe to Virgin Media services, then you are....cheers. But you have a choice and your continued contribution is not guaranteed.
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To simply disregard them (and arrive at a shortfall of a factor 5 picked up by the tax payer) is disingenuous in the extreme.
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Not at all, that is a potential liability to the taxpayer..............that's a fact.
I agree it may be less if the police have invested well, however the way the stockmarket has performed over the past 4 years I doubt they have done that well.