Thank you
rethymon for your excellent information
On 20 June 2010 the Chancellor of the Exchequer said
The total cost of unfunded public service pensions in 2010/11 is estimated at £25.4 billion, excluding funded schemes such as the Local Government Pension Scheme . This is more than twice the cost of Child Benefit.
If you divide £25.4 billion by the population of the UK it is a large annual loss from the purses and wallets of you and me .This is a burden on taxpayers and because of the elastic way that supply and demand works, higher taxation reduces (in my opinion) the number of UK persons in gainful employment.