Coronavirus

[Oracle]

It is a convenient myth public sector salaries are lower.
Many Universities have at least 50 earning over 100K!
Even small councils like ours have a dozen.

Recently advertised non jobs in the nhs are 65k for a diversity officer, or if you prefer a performing arts manager, It riles me how much public sector wastes.

Add in the pensions at market cost, retiring early as most if them do, and the returns are outrageous.
The cost of pensions outweighs any tax that many of them will ever pay, particularly mps.

Which is another issue: Hmrc are obliged to treat benefits at market cost.
Why then are public sector pensions massively undervalued for taxation? They use an assumed cost for multiplier, not the market rate. I am not allowed to put money in my pension scheme to return at the rate public sector get.

I do think government should treat all equally.
If furlough is 80 percent in private sector and self employed, it MUST be the same in public.
Otherwise the moral hazard and union troublemaking inevitably leads to all of them staying home.
And if the retirement age is 67 that is when public sector schemes should kick in unless a massive reduction is made for early.

You would appear to be far more knowledgeable than me on this subject... but i see it like this... you have a choice... private or public sector... public sector generally brings a lower salary, but benefits in the way of great pensions, and as we are seeing now, a degree of protection provided by the government/state/unions.

"We" choose to work in the private sector, and have the opportunity to be rewarded well based on merit with generally better salary prospects, but (much like the self-employed and business owners), we are liable to fall on our sword if the economy struggles.

I interviewed (and subsequently turned down a job offer) from one of the huge water providers in this company... was basically told that if i was in any way competent it was a job for life, fairly stress-free, and great pension. But i chose a similar role within a private sector company as the salary was almost 50% higher.

I'm not saying it's right that the teachers appear to have such a degree of protection, but that's the plus side of being in the public sector...