Printer Friendly

Anyone in same position would strike; Letters.

I WRITE as a union member who was on strike November 30, 2011, and will be again should I be asked to support such action.

There has been much publicity over this matter but I think anyone in a similar position would be doing the same thing.

I at the age of 18 was advised to pay into a pension scheme to provide for my old age, so as not to be a burden on the state.

I was also advised to take up a private top up pension scheme and save to ensure a decent quality of life after I retire.

I have done all these things and now after 30 years find the deal is not as first advertised.

I need to pay more for longer to get less at a much later date than first promised.

PROTEST: Public sector workers on strike in Coventry on November 30 My private pension is not maturing as expected and my savings are not gathering much interest.

I along with many others never caused this economic mess. I never borrow irresponsibly, I never failed to make my repayments, I never created the boom that raised house prices but I am feeling the effects.

I pay more for goods, lose out on interest, have a possibility of losing my job and my pension scheme I have payed into is crumbling.

So you, Mr Osborne, want me to pay more, not just until the recession is over but until I retire? It's a disgrace.

Oh and can I opt out now and have my money back? The answer, I expect you can guess.

Paul Oliver, Chapelfields, Coventry.

CAPTION(S):

PROTEST: Public sector workers on strike in Coventry on November 30
COPYRIGHT 2011 Coventry Newpapers
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2011 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Sport
Publication:Coventry Evening Telegraph (England)
Article Type:Letter to the editor
Date:Dec 7, 2011
Words:287
Previous Article:MEANS TESTING PLAN SLAMMED BY PENSIONERS.
Next Article:'Phantom cyclists' on forum agenda; Letters.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters