Retired Police Pensions Cost Taxpayer More Than Serving Police

Retired police officer pensions cost the UK Taxpayer More Than Serving Police pension according to the Chartered Institute of Public Finance and Accountancy.  

It says that it costs taxpayers more money paying pensions to retired police officers in some areas of the UK than it does serving officers.  Their annual report found that in Merseyside pensions were being paid out to 5,051 retired officers last year at a time when it employed 4,417 officers.  

In April 2006, new pension arrangements were introduced which raises the number of years an officer must work before receiving a full pension from 30 to 35, but this only applies to new entrants to the force.  

Our view

Well there is a surprise.  Public service operations pensions funds are so expensive yet the private sector is expected to fund them.  F or the police, nurses and armed forces we have no problem, they perform extremely valuable services.  For others such as Local Authority Council Workers and other similar should have their personal contributions increased to cover the funding.  

How can we say this? Quite simply, it is the private sector i.e.  private business that is the sole creator of wealth in this country.  All public sectors are paid for by private sector enterprise taxes.

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