Mark Wadsworth

This is a spare 'blog in case my main 'blog at markwadsworth.blogspot.com isn't working

Fun Statistic To Start The Week

From The Telegraph*

Retired civil servants drawing gold-plated taxpayer funded pensions now outnumber those employed in the civil service for the first time.

Official figures show there are now 17,000 more people drawing civil service pensions than are currently employed as civil servants.

The civil service pension bill has risen 30 per cent in just four years, and now costs the taxpayer £7.4 billion – a situation described by pensions experts as “unsustainable”.

The escalating costs derive from substantial final salary pensions, retired people living longer, and the number of civil servants taking the option of early retirement.

Retired teachers could outnumber those in the classroom within the next three years, according to analysis of official accounts.

* Spotter’s Badge: MBK.

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