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Topic: Re:Re:Council cuts
Posted by: Steve Taylor
Date/Time: 05/12/14 14:24:00

"I had a look and found it to be 12.9% as of April 2014. Unless i have read it wrongly on what was a very quick look"

The figure of 21.5% effective April 2014 as the Council's pension contribution is shown in the minutes on the Council's website under Senior Officer salary scales 2014 as item 4.12. Employee contributions are also listed in accordance with their pay scale. If I recall correctly the Chief Executive would contribute approx 12% and the Council will contribute 21.5% Lower payscale employees would contribute less but the Council's contribution remains 21.5%

This would be more or less in line with what it used to be in the good old days in the private sector. I recall I was paying 11% and my company paid 18%. When our actuary advised that employees would need to contribute 11% and the Company would need to contribute 23% to sustain the fund, the Company had no option but to freeze the fund. This happened across the country with thousands of private firms.  We all had to suck it up as a reality. The public sector didn't!!

Entire Thread
TopicDate PostedPosted By
Council cuts03/12/14 11:09:00 Thomas Barry
   Re:Council cuts03/12/14 11:22:00 Michael Moran
   Re:Council cuts03/12/14 12:17:00 Ken Munn
      Re:Re:Council cuts03/12/14 12:21:00 John Connelly
         Business rate 03/12/14 12:45:00 John Todd
            Re:Business rate 03/12/14 13:34:00 John Connelly
   Re:Council cuts03/12/14 13:16:00 Adrian Irving
      Re:Re:Council cuts03/12/14 16:08:00 Andrew OSullivan
         Re:Re:Re:Council cuts03/12/14 16:32:00 David McLoughlin
            Re:Re:Re:Re:Council cuts04/12/14 09:47:00 Andrew OSullivan
               Re:Re:Re:Re:Re:Council cuts04/12/14 10:06:00 David McLoughlin
               Re:Re:Re:Re:Re:Council cuts04/12/14 13:00:00 Steve Taylor
                  Re:Re:Re:Re:Re:Re:Council cuts05/12/14 08:19:00 Andrew OSullivan
         Re:Re:Re:Council cuts03/12/14 16:35:00 Richard Greenhough
            Re:Re:Re:Re:Council cuts03/12/14 16:44:00 Jeni Evans
               Re:Re:Re:Re:Re:Council cuts03/12/14 17:25:00 Richard Greenhough
                  Re:Re:Re:Re:Re:Re:Council cuts03/12/14 21:14:00 Steve Taylor
                     Re:Re:Re:Re:Re:Re:Re:Council cuts04/12/14 09:43:00 Richard Greenhough
                        Re:Re:Re:Re:Re:Re:Re:Re:Council cuts04/12/14 14:03:00 Adam Beamish
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:Council cuts05/12/14 08:50:00 Julian Pavey
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Council cuts05/12/14 09:21:00 Guy Lambert
                                 Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Council cuts05/12/14 10:44:00 Francis Rowe
                                    Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Council cuts05/12/14 13:00:00 David McLoughlin
                                    LBH. Consultants05/12/14 13:02:00 John Todd
                                       Re:LBH. Consultants05/12/14 13:29:00 Dave William
                                          Re:Re:LBH. Consultants05/12/14 14:10:00 Steve Taylor
                                 Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Council cuts05/12/14 13:56:00 Steve Taylor
                                    Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Council cuts05/12/14 14:24:00 Guy Lambert
                                    Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Council cuts05/12/14 19:45:00 Richard Greenhough
                                 Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Council cuts05/12/14 14:04:00 Steve Taylor
                              Re:Re:Council cuts05/12/14 14:24:00 Steve Taylor
                                 Re:Re:Re:Council cuts05/12/14 14:31:00 John Connelly
                                    Re:Re:Re:Re:Council cuts05/12/14 14:37:00 Paul Allen

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