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.
__________________
IF THE EU WAS THE ANSWER, IT MUST HAVE BEEN A STUPID QUESTION!
|