Mick F wrote:pete75 wrote:The man's a hypocrite. He's in a fixed term job with a golden goodbye fully paid by for by the British taxpayer.As an ex-state employee, I have something to say about it.NATURAL ANKLING wrote:So have the all state employed
The defence budget is not just for hardware ships and tanks etc but for all the pay and allowances as well as pensions. From what I remember, it's about 10% of the whole defence budget.
The "golden goodbye" is part of the pension system. You can have a bigger one by forfeiting some of your annual pension until it's paid off. Also, servicemen and women pay income tax too.
No doubt ex MPs have something like this, but we had to serve a minimum of 22years to get any pension.
The point is an MP is in a fixed term job until the next election when he may or may not be re-elected. If he isn't he's entitled to a payment of at least £65,000 even though he may have served as an MP for less than five years.
NA seems to be confusing this with pensions some of which may pay a lump sum on retirement. The man seems to have a bee in his bonnet about public sector pensions - possibly out of envy. From what he's said here he hasn't much of a pension himself even though he claims to have been a businessman - presumably not a very successful one otherwise he could have made provision for a decent pension.