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Closed YES - TO CAPPING PUBLIC SECTOR PENSIONS

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Public Sector Pensions have moved away from their original purpose of providing a justifiable and fair BENEFIT into a means of paying high earners with a BONUS from the age of 55 beyond what is necessary, economically sustainable or fair.

It is a national scandal for the public service elite to retire on taxpayer funded BONUSES that equates to between 2, 3, 4, 5 or even 6 times the average national salary. Some earn more in retirement than the vast majority can ever dream of receiving at the height of their earning power.

Public Service Pensions are a BENEFIT not a BONUS. It is immoral for anyone to retire on taxpayer funded pensions that are greater than the average national salary. Those who wish to receive more should make their own arrangements through personally funded investments.

SAY YES TO CAPPING PUBLIC SERVING PENSIONS AT THE NATIONAL AVERAGE SALARY.

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    This petition will stay open until 9 November 2012.