So it is St Andrew’s Day and some of us on the centre and centre-left of Scottish politics wanted to launch a blog to discuss politics and more. St Andrew’s Day falls in the most turbulent times this year. Today is the day of a massive public sector strike – nominally over pensions but probably [...]
Tag Archives | Pensions
Pensions – employers don’t do social welfare anymore!
Post war Britain developed a parallel system of pensions providing Final Salary schemes for the public sector and larger companies along with growing state provision. It was a good system – if you worked for a large organisation. By the end of the 1960s 53% of the workforce was in an occupational pension scheme. However, [...]
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