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Old 26th October 2011 | 22:45
  #144 (permalink)  
d88
 
Joined: Mar 2005
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From: EU
nocutstoRAF -

I was picking up on the point that Scotland is a net producer. I cannot find the statistics that have been alluded to by D88, but it does match my memory of things I have seen in the past
Statements I've made were based on the various GERS report, It's been a while since I've looked into this so I'll certainly stand corrected if new figures have been published this year, but i dare say it won't be far off the UK economic trend indicators if they are different. Essentially the unionist parties will use economic statistics for Scotland without, or reduced oil revenue and the SNP will use the statistics with a share of the oil included.

Scottish Government: .

Hummingfrog -

My point is that there is no state pension pot - all state pensions are paid out of current taxation so from day one of independence all Scottish state pensions - and those Scottish public sector pensions that are not funded ( eg All mil pensions) will also have to come out of Scottish taxation - a nightmare waiting to happen.
I think you're basing your assumption on any money Scots have put in to N.I. contribution's (the theoretical basis for eligibility and paying pensions) would be wiped out and declared null and void, a situation I'd think would be unlikely as if that was the case I could see the London Supreme Court and European Courts being very busy with Scots demanding their Ni contributions back for when they were under UK (London) jurisdiction. A more likely scenario is that a settlement would be reached between London and Edinburgh.

As for military pensions, then I'd assume that as ex UK military Scots have seen service on behalf of the Crown and the UK, then that's purely a matter for the UK government to pay military pensions. There is already a precedent for Commonwealth and Gurkha service personnel receiving a pension from the UK for service to the Crown. For instance, retired UK Gurkha's receive a pension from the UK and not from the government of Nepal and I wouldn't see that situation being any different for any ex UK military Scot, especially if the British services still wanted to recruit Scots, which they probably would still want to do.

As for say any UK Civil Service pension then again it's the same scenario, if you're a retired Scottish (UK) Civil Servant who has given x amount of years service to the Crown and who has paid contributions into the UK scheme then why wouldn't their Civil Service pension not be paid from London ?
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