West Midlands Police officers invited to work for free

[Pierre]

Originally Posted by Derek

Except they aren't retiring early. They've done a full 30 years but decided not to retire as soon as possible. They have since been forced into retirement and asked back as specials.

Ooh, a full 30 years eh?

I'll have done a full 47 years by the time I retire without the luxury of the tax payer guaranteeing my pension.

[Derek]

Originally Posted by Pierre

Ooh, a full 30 years eh?

I'll have done a full 47 years by the time I retire without the luxury of the tax payer guaranteeing my pension.

How much are your monthly contributions to the pension, more than 11%?
Is your job as physically or mentally demanding as a Police officer of Fire fighters job can be?
And do you have the same restrictions on your personal life that Police officers do?

If the answer to the above question are yes then moan away, if not then jog on.

[Pierre]

Originally Posted by Derek

How much are your monthly contributions to the pension, more than 11%?

Big wow.

I currently pay 10% into my own pension scheme, my employer match's that contribution.

Let's look at it simplistically.

A constables pay after 10years service is around £36,500 not including overtime or other allowances.

if we use that figure.

11% of that = £4015.

x 30 years = £120,450.

If you have 30 years service youn are entitled to 2/3rd your final salary per annum which would be: £24,300 per annum.

Now if the constable joined aged 20, and retired at 50 and lived a healthy happy live to around say 80? not unreasonable.

His total pension payout would be: £730,000.

Minus his massive 11% contribution of £120,450 = tax payer liability of £609,550. approx 5x you contributions.

So don't tell me to jog on.

Is your job as physically or mentally demanding as a Police officer of Fire fighters job can be?
And do you have the same restrictions on your personal life that Police officers do?

Not as demanding as some officers no. possibly comparable to some officers.

But them again I live in a world were I can lose my job through redundancy, I have a family and a large mortgage and I don't have the security blanket of not being able to be made redundant.

You don't have that stress do you?

If the answer to the above question are yes then moan away, if not then jog on.

I not moaning, the T&Cs of police are what they are and good luck to them, it's the moaning police I object to.

The outrage of the suggestion that they may give a few hours a week back, whilst they're happily earning 2/3 of their final salary guaranteed. oh the outrage.

Originally Posted by Pierre

Big wow.

I currently pay 10% into my own pension scheme, my employer match's that contribution.

Let's look at it simplistically.

A constables pay after 10years service is around £36,500 not including overtime or other allowances.

if we use that figure.

11% of that = £4015.

x 30 years = £120,450.

If you have 30 years service youn are entitled to 2/3rd your final salary per annum which would be: £24,300 per annum.

Now if the constable joined aged 20, and retired at 50 and lived a healthy happy live to around say 80? not unreasonable.

His total pension payout would be: £730,000.

Minus his massive 11% contribution of £120,450 = tax payer liability of £609,550. approx 5x you contributions.

So don't tell me to jog on.



Not as demanding as some officers no. possibly comparable to some officers.

But them again I live in a world were I can lose my job through redundancy, I have a family and a large mortgage and I don't have the security blanket of not being able to be made redundant.

You don't have that stress do you?



I not moaning, the T&Cs of police are what they are and good luck to them, it's the moaning police I object to.

The outrage of the suggestion that they may give a few hours a week back, whilst they're happily earning 2/3 of their final salary guaranteed. oh the outrage.

I wish someone would force me to retire..but I'd not be ready to go back and work unpaid.Lion taming is tiring work..