11:16am Wednesday 16th October 2013 in Letters
I AM saddened to hear that the integrity of councillors and senior officers is being questioned about alterations to pension arrangements for senior council employees.
This has been publicised widely both locally and nationally.
Generous final salary pensions are part of the benefits for many of our public servants and it has always been I believe custom and practice for both employer and employee to contribute to the funding.
Most schemes have rules that the employee cannot be paid the employer’s contribution without contributing themselves. In the case of publicly-funded schemes it is the taxpayer that funds the employer’s contribution.
Employer’s contributions can be as much as 10% of the employee’s salary.
While the council leader may suggest that there is no loss to the council, the funds are lost to the overall budget and could be spent in the interests of the community.
The senior executives are the only beneficiaries here.
At a time when budgets are being cut, is this the best use of councillors and executives time and effort?
We are told that legal advice was sought and I would ask who has paid for the legal advice? In my view, this was a bad decision at the wrong time. Our councillors should think more carefully about the impact on the taxpaying public, especially when the reputation of many public institutions is at an all time low.
Lower Quay Road,