Public Service Employees, does your before tax salary show a 7-8% cut or a 3-4% cut?

[csirl]

Re: Pension Levy - real cost

Orka, you would also expect that if the money was invested wisely, the recipient would get a much better return than if you simply banked the money, thus keeping pace with increases in salary and inflation. While some do work their way up the ranks, the vast majority of public servants start and finish their careers in relatively low paid clerical positions.

 

[bogle]

Re: Pension Levy - real cost

Was it not Albert Einstein who said "The most powerful force in the universe is compound interest"

40 years of compounding adds up to a lot.

 

[VOR]

Re: Pension Levy - real cost

Was it not Albert Einstein who said "The most powerful force in the universe is compound interest"

I just checked with Coughlan, our wonderful Tanaiste, and she assures me it was Darwin.

 

[becky]

Re: Pension Levy - real cost

http://www.rte.ie/news/2009/0203/economy.html

I would have thought this was clear by now given people have received a number of pay packets and would have been able to figure it out categorically.

Public Sector employees, does your, before tax, salary show a 7-8% cut or a 3-4% cut? (@55K)

My payslip shows both. Gross Pay and Taxable Pay. The taxable salary which does not include my pension contribution or pension levy is the amount that appears on my P60.

 

[Protocol]

Re: Pension Levy - real cost

Orka While some do work their way up the ranks, the vast majority of public servants start and finish their careers in relatively low paid clerical positions.

No.

Teachers end up on 65-70k.

Nurses end up on 40-45k (???)

Guards end up on 50k+.

Doctors end up on 150k+.

So far, that would mean 100,000 workers+.

For example, I work with public servants who end up on 87k with 70 days leave.

My father today met up with his retired pals, all on 700 pw pension.

Very common, unremarkable, no big deal.

 

[Complainer]

Re: Pension Levy - real cost

For example, I work with public servants who end up on 87k with 70 days leave.

Nonsense. There is no public servant (excluding teachers) with 70 days leave.

 

[Protocol]

Re: Pension Levy - real cost

These are 3rd level teaching staff.

14 weeks leave = 3 at Christmas, 2 at Easter, 8 in July and Aug, 1 in October.

First point on scale = 52k approx.
Second = 62k approx.

Few of them are aged approx. 30 on 62k+.

Last point on scale = 85-87k.

 

[peelaaa]

Re: Pension Levy - real cost

No.

Teachers end up on 65-70k.

Nurses end up on 40-45k (???)

Guards end up on 50k+.

Doctors end up on 150k+.

So far, that would mean 100,000 workers+.

For example, I work with public servants who end up on 87k with 70 days leave.

My father today met up with his retired pals, all on 700 pw pension.

Very common, unremarkable, no big deal.

Those figures are unreal. I am in private sector on similar to a teacher salary but my employer pays only 3.5% pension matching my 3.5% payment.
I'm looking at pension level of a pauper compared to those public figures.

They should thank themselves lucky and not be complaining.

 

[TarfHead]

Re: Pension Levy - real cost

These are 3rd level teaching staff.

I assume that such staff are required to produce or contribute to academic works in their 'spare' time ? While the time off is, at face value, generous, are they not also required to use this time in support of their tenure ?

 

[peelaaa]

Re: Pension Levy - real cost

I assume that such staff are required to produce or contribute to academic works in their 'spare' time ? While the time off is, at face value, generous, are they not also required to use this time in support of their tenure ?

Ha Ha, my friend is a teacher and he is out golfing,cinema, music events, watching sport most days.
Good life I tells ya.

 

[Welfarite]

Re: Pension Levy - real cost

This was a fine thread until Protocol starting 'shouting' in bold and it drifted into another PS bashing thread. Ah well...

 

[truthseeker]

Re: Pension Levy - real cost

I assume that such staff are required to produce or contribute to academic works in their 'spare' time ? While the time off is, at face value, generous, are they not also required to use this time in support of their tenure ?

Ive a friend who is a 3rd level lecturer. Time off also includes a number of work related things to do, correct exams, revision of course material (depending on what you teach this is easier or harder, example my friend teaches subjects that change all the time - like politics, but other lecturers may be able to use notes from the previous year if the course doesnt change much - like physics for example), some meetings to organise schedules for the coming year and prior to exams there are usually extra hours put in assisting students with specific issues.

In saying that - he has more time off than anyone I know, works less hours than anyone I know and feels hard done by if his yearly timetable has individual day starts before 10am or finishes after 4pm.

Its a fantastic life tbh - wish Id thought of becoming a lecturer!!!

 

[bogle]

Re: Pension Levy - real cost

Ive a friend who is a 3rd level lecturer. Time off also includes a number of work related things to do, correct exams, revision of course material (depending on what you teach this is easier or harder, example my friend teaches subjects that change all the time - like politics, but other lecturers may be able to use notes from the previous year if the course doesnt change much - like physics for example), some meetings to organise schedules for the coming year and prior to exams there are usually extra hours put in assisting students with specific issues.

In saying that - he has more time off than anyone I know, works less hours than anyone I know and feels hard done by if his yearly timetable has individual day starts before 10am or finishes after 4pm.

Its a fantastic life tbh - wish Id thought of becoming a lecturer!!!

That would also be my experience of an acquaintance who is a third level lecturer!

 

[truthseeker]

Re: Pension Levy - real cost

That would also be my experience of an acquaintance who is a third level lecturer!

In terms of making an academic contribution himself he has the choice or whether or not he wants to do his PhD. The advantage is that when its done he moves up to a higher payscale immediately. But if he doesnt do it he ends up on the higher payscale after a number of years anyway. Life will probably be reasonably stressful while doing it as it will take 5-7 years or so and will mean studying while working. Or he could just relax and wait for the higher pay thats guaranteed. 8 years in the job - no sign of PhD studies beginning.......

 

[Protocol]

Re: Pension Levy - real cost

Those figures are unreal. I am in private sector on similar to a teacher salary but my employer pays only 3.5% pension matching my 3.5% payment.
I'm looking at pension level of a pauper compared to those public figures.

They should thank themselves lucky and not be complaining.

Bear in mind that those figures are final wages, not pension amounts.

 

[Protocol]

Re: Pension Levy - real cost

I assume that such staff are required to produce or contribute to academic works in their 'spare' time ? While the time off is, at face value, generous, are they not also required to use this time in support of their tenure ?

Well, in a university, yes, you would be expected to do research and publish.

But in ITs I'd say there is less emphasis on that. I have a friend who is an IT lecturer, no pressure to research or publish, on a scale to 85k.

The people with the 70 days leave are off-campus for 70 days, i.e. not in work doing research.

 

[Protocol]

Re: Pension Levy - real cost

This was a fine thread until Protocol starting 'shouting' in bold and it drifted into another PS bashing thread. Ah well...

Sorry if I overuse the bold font.

By the way, I am not against high public sector wages.

I just ask that in return, they are productive and accountable.

For example, by all means pay our teachers well, pay them the most in the world.

But for those high wages, in-service training should be done in July/Aug, the school year should increase from 167 days to 180 days, parent teacher meeting in the evenings, etc.

 

[Protocol]

Re: Pension Levy - real cost

In terms of making an academic contribution himself he has the choice or whether or not he wants to do his PhD. The advantage is that when its done he moves up to a higher payscale immediately. But if he doesnt do it he ends up on the higher payscale after a number of years anyway. Life will probably be reasonably stressful while doing it as it will take 5-7 years or so and will mean studying while working. Or he could just relax and wait for the higher pay thats guaranteed. 8 years in the job - no sign of PhD studies beginning.......

Correct, in ITs you can move to the higher scale woithout a PhD, as you say. No need to be published. Higher scale goes to 80-85k approx.

 

[peelaaa]

Re: Pension Levy - real cost

Bear in mind that those figures are final wages, not pension amounts.

Yes I realise that, but they are still on a good deal, they are guaranteed what they have been offered, it ain't like that when on a private pension.
I am sick of hearing union leaders complaining about this and that when the majority of private employees have no say and just have to take it on the chin.
This country is going to end up just like the eighties when the majority of employed people were employed by the state on inflated wages, nothing has changed, this country definately is BACKWARD. People are being driven away yet again.
Look at the hospitals, I could go on and on.......

 

[Welfarite]

Re: Pension Levy - real cost

Sorry if I overuse the bold font.

By the way, I am not against high public sector wages.

I just ask that in return, they are productive and accountable.

For example, by all means pay our teachers well, pay them the most in the world.

But for those high wages, in-service training should be done in July/Aug, the school year should increase from 167 days to 180 days, parent teacher meeting in the evenings, etc.

I agree with all of that. But what has that got to do with the subject of this thread; the real cost of Pension Levies?