British nurses to protest pension cuts - page 2

More than three million embattled British nurses and other public employees will be on strike November 30 to protest attacks by the British government on pensions and retirement security. Like their... Read More

  1. Visit  herring_RN profile page
    0
    wednesday's strike is just the start

    the day of action is a rebuke to an elite that gives money to banks at the expense of the poor

    wednesday's public sector pensions strike is more than industrial action; it is a national day of rebuke. the dispute represents many things beyond its central purpose of making ministers think again about trying to make public servants pay more, work longer, and receive less.

    it represents a rebuke to an elite, represented by the conservative-dominated coalition, which has treated the banks and hedge funds in precisely the opposite way, giving them more to deliver less in lending and investment....

    http://www.guardian.co.uk/commentisf...?newsfeed=true
  2. Visit  ayla2004 profile page
    1
    in the rcn so not striking, most of my ward/hopitall as no talk of such, no plans by management of how they will cope etc..
    not sure how i feel about striking duty of care etc, however a 1 day strike to protect jobs//services and patient care and the care of my loved ones i do get.
    herring_RN likes this.
  3. Visit  XB9S profile page
    1
    Quote from ayla2004
    in the rcn so not striking, most of my ward/hopitall as no talk of such, no plans by management of how they will cope etc..
    not sure how i feel about striking duty of care etc, however a 1 day strike to protect jobs//services and patient care and the care of my loved ones i do get.


    Ayla its a little confusing to understand what your saying.

    The Royal College of Nursing are not striking tomorrow but they do support the day of action.

    In my area there is a commitment to protect life and limb services but elective and non essential will be disrupted. As far as how management will cope, being in that position myself I have made sure those who wish to strike are supported to do that and those who don't are pulled into the life and limb stuff. Managers at all levels have made themselves available to pick up services that are affected to minimise effects on patients.

    Sent from my HTC Desire using Tapatalk
    herring_RN likes this.
  4. Visit  chuckster profile page
    1
    While I wish our British colleagues the best of luck, I'd like to point out even an anemic pension is better than what many nurses here in the States will wind up with in retirement.

    Pensions - technically called defined benefit plans - have all but disappeared from the US private sector in general and have been replaced by the far less costly (to employers) "defined contribution" plans. These are more popularly known as 401k plans and require the employee to contribute a portion of their salary to a retirement plan which is then partially matched by an employer contribution (typically, the employer match is something like 50% of the employee contribution up to perhaps 5% - effectively making the employer's contribution 2.5%). This money is held in an account which is usually invested in equities and securities (stocks and bonds), so when there's a market crash, as happened in 2007 - 2008, employees loose large chunks of their retirement savings. I'm fairly typical and even though I was well diversified, still lost over 40% of my savings and have only now, after nearly 5 years of additional contributions to the plan, reached the same amount I had in 2007.

    Though everyone will get some Social Security, the monthly amount is quite modest and you can't collect the full amount until you reach age 67. Since our Medicare coverage is insufficient, most people will spend a significant portion of their SS payment for Medicare supplemental and "Medi-gap" insurance.

    As I mentioned at the start, we wish our brother and sister nurses in the UK well in their fight to maintain a decent pension. I'm not certain that we in the US will be any better off in retirement than our British cousins though.
    herring_RN likes this.
  5. Visit  herring_RN profile page
    0
    strikes over public sector pensions hit services across uk as 2 million walk out
    david cameron and ed miliband trade blows as 60% of schools in england are closed and 6,000 nhs operations cancelled...

    article - http://www.guardian.co.uk/society/2011/nov/30/strikes-public-sector-pensions-impact?newsfeed=true

    pictures of the strike - http://www.flickr.com/photos/workers...22142953/show/


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