Comments on: A crisis is building around employee pensions and the government are ignoring it https://leftfootforward.org/2018/02/a-crisis-is-building-around-employee-pensions-and-the-government-are-ignoring-it/ Left Foot Forward is the home for UK progressives. We provide evidence-based analysis on British politics, news and policy. Wed, 14 Feb 2018 16:38:06 +0000 hourly 1 https://wordpress.org/?v=6.9.5 By: patrick newman https://leftfootforward.org/2018/02/a-crisis-is-building-around-employee-pensions-and-the-government-are-ignoring-it/#comment-952897 Wed, 14 Feb 2018 16:38:06 +0000 https://leftfootforward.org/?p=126462#comment-952897 There are three different ways of assessing the deficit/surplus of pension funds so it would help if the government stated the one they will use for determining what should be provided for legally and ultimately enforced. Only the troll above would object to Prem’s proposals but on director responsibilities, I would go further and establish in law the assumption that directors are presumed to have undertaken due diligence in executing their duties. The Murdoch defence of not reading to the bottom of an email would be inadmissible.

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By: nhsgp https://leftfootforward.org/2018/02/a-crisis-is-building-around-employee-pensions-and-the-government-are-ignoring-it/#comment-952838 Tue, 13 Feb 2018 11:15:12 +0000 https://leftfootforward.org/?p=126462#comment-952838 Amazing. Professor of Economics who thinks that debts matter when its private companies.

When it comes to debts and deficits of the state, he keep quite.

So if you are a public sector worker, remember, Prem Sikka thinks you aren’t owed a pension

The Pension Regulator is the problem.

It set the discount rate too high, making the pensions look affordable. That’s why you have a systematic crisis with almost all pensions funds in a deficit.

What’s needed is for personal funds, not collective funds. With a collective fund you will be screwed out of your pension.

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