Thursday, 10 March 2011

3,000 Public Officials will have a luxury retirement

NEARLY 3,000 public officials have pension pots worth over £1.1million, it emerged last night.

The lavish retirement funds racked up by top civil servants, quangocrats and town hall chiefs guarantee incomes of more than £67,000 a year.

A private-sector employee on an average income would need more than 600 years to build up equivalent pension rights.

My comment: My eyes are watering! 3 times the average wage for sitting on a deckchair.

Read the full story from the source

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