Cable Forum - View Single Post - Doctors vote in favour of industrial action

Mushroom Man · 05-06-2012, 23:36

Doctors are among the best paid public sector employees - and as such they also have the most lucrative pensions.

The average hospital consultant retiring today will enjoy a pension of £48,000 a year and a lump sum of over £140,000.

Among public sector pensions being paid out, doctors account for two thirds of the top 1% of pay outs.

As a result, this government - and the Labour one that preceded it and reformed pensions in 2008 - has taken the judgement that it wants the best paid to subsidise the pensions of the lowest.

Contributions will rise the greatest for the highest earners. Those earning over £110,000 a year will end up contributing 14.5% of their salary.

Many may understand that approach, but doctors believe they are being unfairly targeted.

They point out that the top-paid civil servants will not be hit in the same way - and that perceived injustice has put the profession at loggerheads with the government.
-------------------------------------------------------------------------------------May I point out that most of the government who they are targetting will be in private medical schemes unaffordable by the majority of the PBI, so for me, they can all go sit on a sharp pointy object, no sympathy here............. I would love the doctors salary, but as a mere private sector peasant, thats never going to happen. Have been paying into a private pension for 17 years, currently worth about £150 a month, so would not keep a GP in 4 x 4's, let alone food. So much for the 'caring' profession................

05-06-2012, 23:36	#39
Mushroom Man Inactive Join Date: Jun 2012 Posts: 5	Re: Doctors vote in favour of industrial action Doctors are among the best paid public sector employees - and as such they also have the most lucrative pensions. The average hospital consultant retiring today will enjoy a pension of £48,000 a year and a lump sum of over £140,000. Among public sector pensions being paid out, doctors account for two thirds of the top 1% of pay outs. As a result, this government - and the Labour one that preceded it and reformed pensions in 2008 - has taken the judgement that it wants the best paid to subsidise the pensions of the lowest. Contributions will rise the greatest for the highest earners. Those earning over £110,000 a year will end up contributing 14.5% of their salary. Many may understand that approach, but doctors believe they are being unfairly targeted. They point out that the top-paid civil servants will not be hit in the same way - and that perceived injustice has put the profession at loggerheads with the government. -------------------------------------------------------------------------------------May I point out that most of the government who they are targetting will be in private medical schemes unaffordable by the majority of the PBI, so for me, they can all go sit on a sharp pointy object, no sympathy here............. I would love the doctors salary, but as a mere private sector peasant, thats never going to happen. Have been paying into a private pension for 17 years, currently worth about £150 a month, so would not keep a GP in 4 x 4's, let alone food. So much for the 'caring' profession................