On 11/01/17 13:10, Crusader wrote:
The other saving was to release older more experience forecasters and recruit more fresh young graduates at a lower payscale (and with much reduced pension rights (working til at least 65-70) and massively higher contribution rates...now much like any private pension with no final salary involved ...6 to 8% average contribution rates).

As I recall, the virtual pension-contribution rates of about fifteen to
twenty years ago were 10%. This was the amount by which salaries were
reduced during pay comparisons with outside industry to take account of
the 'non-contributory' Civil Service scheme. If you add on the 1.5% real
Widows and Orphans contribution, that makes pension contributions of
11.5% at that time.

So pension contributions have actually dropped - assuming the previous
10% salary adjustment has been rescinded. I'm sure the government,
honest people that they are, would have done that, wouldn't they?


--
Graham P Davis, Bracknell, Berks. [Retd meteorologist/programmer]
Web-site: http://www.scarlet-jade.com/
There are more fools than knaves in the world, else the knaves would
not have enough to live upon. [Samuel Butler]