I recently posted a message about the superiority of public sector pensions to those in the private sector. I think that Cameron called this pension apartheid.
The Mail this morning suggests that calculations show that public sector salaries are gaining on those in the private sector, and private sector earnings are likely to be subject to downward pressure when the recession really deepens. This will obviously help to make public sector final salary index-linked pensions even more attractive, and hasten the socialist utopia.
It is clearly difficult to compare salary ranges, so comparisons are made of median earnings in each, that is the middle incomes.
Between 1997 and 2004 the differences barely altered. In 2004 the median income in the public sector was £452 per week, and that for the private sector was £410.
In 2008 the figures were £522 public sector, £460 private sector.
Thus in 2004 the difference was £42 per week, while in 2008 the difference was £62. The gap had increased by virtually 50%
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Hi,
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