DP - the rate is 12.8% of people´s pay, not the value of the scheme. Employees pay 6%, employer 12.8% at the moment...
Thanks for that James, I was just trying to put the sums into perspective. £30 million has been represented on this thread as a substansial amount, I was mearly trying to show that in this context it's not a lot.
Originally Posted by
120.4
Surely, if the government should U turn and change the law protecting our pension that would be the time to strike? Up until that point our pension is safe. Why pull the trigger before we know what we are aiming at?
.4
Because by then how many of us will there be in CAAPS to strike? 80% of staff? 60%? What happens when less than 50% of staff are in CAAPS?
We won't have the strength in the future unless we stand together now.