Wednesday, 28 January 2009

Work To Death

News has leaked out carelessly that Ministers are meeting in secret to discuss the raising of the retirement age.

Where was this mentioned in any recent manifesto of the recently elected intake to the States. Did the Social Security Minister, who of course does not have an island wide mandate, inform the Parish of St. Clement of his views. (Equally the new TTS minister has no mandate but is keen to hit the Island on a brink of recession/depression with madcap ideas about increasing taxation).

Social Security is a strange scheme, those that benefited were really those who were there at its outset. Really it seems to be no more than a ponzi scheme, with today's contributors paying for todays beneficiaries whilst being forced into compulsorily contributions on the basis that it pays for a pension and your healthcare when in fact you pay for Doctors appointments and if you get old and get sick the State takes all but about £7,000 of your lifetime assets. Wonderful.

1 comments:

TonyTheProf said...

Personally I can think of a few ministers who would benefit from an early retirement!