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Old 09-11-2005, 10:48 PM   #1 (permalink)
Biscuitman
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Join Date: Oct 2004
Location: Reading
Posts: 3,486
Biscuitman is just starting out
Default Pension stats - good news/bad news.

Pension stats just released by ONS for 2004.

Good News.

Private sector provision and personal pensions now total:-

£1,630,000,000,000.

Bad news.

Unfunded public sector liabilities now:-

Teachers :£113 billion
NHS, (Eng & Wales): £104 billion.
Civil Service: £79 Billion.
Armed Forces £64 Billion.

Total:-

£460,000,000,000 - and thats to be paid from our taxes.

These public sector amounts exclude council pensions which are funded, or rather underfunded - either way we pay for them through our Council Taxes as well. I don't think there is a collated figure for them - I'll have a shufty around DWP & Prescott's departments see if I can find them.
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