Late yesterday evening I watched CNN International here in Europe and almost fell out of my chair when I heard how the old & greedy politicians could
opt for a pension when they get 65 y.o and retire from office, but still stay at their work and have full salary!
I am amazed how greedy these old geezers really are, I mean all these useless old politicians should step aside for the next generation - but instead
they are milking the system to the last drop with no remorse att all - and they are not ashamed about doing it! - stay at your work with full salary +
draw pension after your 65 year birthday! no problem!
So these old geezers who can work until they die of old age, instead of passing it on to younger generations with new & fresh ideas (to take their
places as it should be) is a good sign that Goverments are broken everywhere in the West - and for the moment, especially in the USA.
Doesn't this make people in the USA angry!? - the American taxpayers pay for all these useless geezers who has one foot in their grave and are
refusing to leave their places for the next generation, and most are doing it for one purpose! - MONEY!!
Well it's not only an American problem! - many European politicians have similar dirty deals and it makes me wanna puke in their corrupted & wrinkled
And now the taxpayers have to bail out their gold-plated pensions!
Now taxpayers bail out MPs' pensions
A fresh row over MPs' pay and perks erupted after taxpayers were asked to foot an £800,000-a-year bill to bail out their gold-plated pension
Under the plans unveiled by the Leader of the Commons, Harriet Harman, the Exchequer will increase its contribution from £12.4m to £13.2m a year.
MPs will each have to pay an extra £60 a month to help fill a £51m black hole in the parliamentary pension fund.
The package was published after government financial experts found a growing deficit in the pension scheme because former MPs were living longer.
The Government Actuary said that taxpayer contributions to the scheme – already one of the most generous in the country – would have to increase
by £2.1m a year to cover the shortfall.
Steve Webb, the Liberal Democrat pensions spokesman, branded the decision a "spectacular own goal for MPs". "The pensions of MPs and other
well-paid public sector workers have to be brought in line with reality. With members of the public losing their jobs and seeing their pensions
plummet, MPs cannot insulate themselves from the harsh realities of the recession."
Susie Squire, the campaign manager at the Taxpayers' Alliance, said: "Asking for more money to plug the deficit in politicians' gold-plated
pensions is an utter disgrace. These pensions have been a bottomless pit for too long, and continuing to pump in taxpayers' money is no solution in
the long term
"Why should taxpayers fund politicians retiring into the lap of luxury when they have seen their own pension reduced out of recognition? If MPs
want such a generous pension, they must pay for it out of their own salary and not simply keep dipping into the pockets of hard-working
Will Taxpayers Have to Bail Out EU Parliament Pension Fund?
The economic crisis has hit countless retirement funds, including that of members of the European parliament. They may take the controversial step
this week to use taxpayers' money to top up the pension fund.
Despite denials from Brussels, EU taxpayers are to foot the bill for hefty and legally controversial pension supplements for many members of the
European parliament. Their pension fund has run up a loss of €120 million ($156 million) as a result of risky share investments, according to an
internal memo of the secretary-general of the European Parliament.
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