On Monday, 25 February 2013 13:57:19 UTC, Richard Dixon wrote:
On Monday, 25 February 2013 13:52:05 UTC, wrote:



I doubt many would dare come on here and express an opinion for fear of

being reprimanded by the Brand police.



Now this *is* a definite downside of becoming more commercial, I agree there!!



They are everywhere and you get

hauled over the coals quite quickly if you step out of line. I was many

times in recent years, but I simply didn't care. Others will care more as

there are mortgages to pay, families to look after etc.



Didn't you have a pension to worry about if they'd given you the elbow?!



Richard

The pension is based on yours and the employer's contribution. You cannot and will not lose that pension if sacked-it will be frozen as of at the time of loss of employment. The problem arises if sacked from a final salary scheme at say 30 years of age after five years contributions-then it will be frozen at that contributory rate with inflation adjustment until the agreed age of receiving that pension. Will may have risked his employment and his pension, but not all of it -only up until dismissal.

By the way: in super ann schemes i believe the employers contribution is 16%, compared to Mon SA Pensions schemes where the employers contribution is typically 6%