My how I'll live it up on my 'gold plated pension', when I retire at 67, I have the equivalent of £15,500 p.a. after 40+ years of contributions working in the social housing sector according to my latest pension forecast. The previous figure of £1500 p.a. was the performance of my AVCs. (Pensions are complicated!)
My pension is paid by me, my employer and good performance from my pension fund, which is run in the public sector, not for profit.
My pay has reduced in real terms by almost 10% since the financial crisis occured in 2008, I'm not due to get a pay rise this year and inflation is at 5%, how many of the fecking bankers are in that situation? :x