Welcome, Guest. Please Login
YaBB - Yet another Bulletin Board
  To join this Forum send an email with this exact subject line REQUEST MEMBERSHIP to bbcstaff@gmx.com telling us your connection with the BBC.
  HomeHelpSearchLogin  
 
Page Index Toggle Pages: 1
Send Topic Print
BBC Pensions bill soars to £2bn (Read 10839 times)
Mikej
Full Member
***
Offline



Posts: 230

BBC Pensions bill soars to £2bn
Jul 21st, 2013, 6:01pm
 
Back to top
 
 
IP Logged
 
Ian Pollock
YaBB Newbies
*
Offline



Posts: 24

Re: BBC Pensions bill soars to £2bn
Reply #1 - Jul 21st, 2013, 9:55pm
 
No wonder most BBC employees regard the Daily Mail as being staffed and run by malevolent cretins. Let's take that opening sentence: "Licence fee payers face a shocking £2 billion bill to meet the spiralling cost of the BBC pension scheme, which includes six-figure payouts to top executives." Actually, the estimated deficit of the scheme is £1.7bn, according to the latest BBC annual report. And this, despite what the Mail suggests, cannot include the cost of recent redundancy payouts which, obviously, come from an entirely different pot of money. Even the pensions for the highest paid staff do not all come from the main pension scheme. Why? Because for staff who joined after the middle of 1989, the scheme has a limit of (currently) just under £140,000 for annual pay that can be pensionable. So if you earn more than that, the BBC has, in the past, made top-up pension arrangements that are run and funded quite separately from the BBC's main pension scheme and which therefore do not contribute to any deficit. Yes, these are a cost to the licence-fee income and the BBC's very large commercial income. But they are absolutely not a cost to the main pension scheme.

Back to top
 
 
IP Logged
 
John
Junior Member
**
Offline


I Love YaBB 2!
Posts: 77

Re: BBC Pensions bill soars to £2bn
Reply #2 - Jul 22nd, 2013, 6:10am
 
We mustn't forget that they are trying to sell papers.
Back to top
 
 
IP Logged
 
WG
Senior Member
****
Offline



Posts: 352
Hitchin
Gender: male
Re: BBC Pensions bill soars to £2bn
Reply #3 - Jul 22nd, 2013, 8:39am
 
PLEASE-A formal -well publicised response from Pensions Department would squash this press nonsense
Back to top
 

Mr Playlist
 
IP Logged
 
Roundabout
Full Member
***
Offline



Posts: 214

Re: BBC Pensions bill soars to £2bn
Reply #4 - Jul 22nd, 2013, 3:01pm
 
Well said Foxy Face. Let's hope Pensions Dept read these pages!
Back to top
 
 
IP Logged
 
Page Index Toggle Pages: 1
Send Topic Print