It is not strength in numbers that fail the pensioners.
It is one of unity and common purpose.
In an ordered and well run society - there would still be final salary pensions that
were paid by amassing large funds over many years.
These were stripped by Gordon the Grabber and most collasped or stopped
taking on new members.
The State Pension are the crumbs repaid from ever increasing taxation.
The wrapper being National Insurance.
Nu Labour promised much but failed to deliver on any analysis.
While it is true that Brown grabbed the surplus pension funds from the public sector - and we should not forget that - the facts are that almost all of the PRIVATE final salary schemes were hit by the stock-market crash and this world recession.
( All or most of the public services are STILL on final salary schemes ! ).
The change over from final salary schemes to poorly-performing money-buying schemes was also prompted by the fact that the PRIVATE pension funds were not making nearly as much money as they had been making previously.
While I too can blame the encumbent government for a lot, I do not blame them for everything out of instinct or some knee-jerk reaction to them being in power for too long. This will be settled at the up-and-coming general election and - mark my words - the government-blaming people will be doing it again in another twelve years down the line. ( If the Tories last that long of course ).
Sadly many of us have very short memories for what has gone before !
