Link needed re: UK retirement system

[wryter2000]

I've searched, but I can't find a link to the UK's retirement system problems. I'm trying to convince someone that the UK is looking at the US's social security system to solve problems with the UK system.

[AllegroRondo]

1. NPR had a story on it last week

on "morning edition" I think.

One stat that stuck with me: In the early 80's they indexed the payments to prices, instead of wages (like Bush wants to do here). At the time, payments were about 30% of the median wage. Now they are less than 10% and over half of retirees need additional welfare assistance from the state.

[REACTIVATED IN CT]

2. This thread has a link to an article...

that covers retirement systems in several countries including the UK


http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=227x435

[wryter2000]

3. Thanks, all

:yourock:

[McKenzie]

4. main UK public sector union website here

lot of good articles and some contact details.

http://www.unison.org.uk/pensions/index.asp

[wryter2000]

5. Fabulous.

I'm going to swamp him with facts.

[fedsron2us]

6. Try reading Norma Cohens 'A Bloody Mess'

It is probably gives one of the best analysis of what has gone wrong with the British pension system

http://www.prospect.org/web/page.ww?section=root&name=ViewWeb&articleId=8997