Superannuation Bill

Memorandum submitted by John King (SU 61)

I am a 37 year old Civil Servant , who has been employed since June 5 th 2006 . I am eligible for the Civil Service Compensation Scheme (CSCS).

I have spent t he last 4.5 years with One North East, The Regional Development Agency for the North East.

As an employee of the Government , the Bill, if passed, will affect me seriously. The cap will result in my position, as well as those of colleagues, becoming more easily and cheaply disposable. At a time when Civil Servants are being made to feel worthless, and to blame for the financial position of this country, this Bill is a wholly unjustified attack on hard working public servants.

Losing my job will put me in severe financial difficulties at a time when there are very few job opportunities available.

I urge you to reconsider this Bill and find a fairer way of meeting the deficit. This Bill will have a severe impact especially on those who are in the CSCS, yet will make a relatively small contribution to meeting the country’s financial needs, which have been caused in large part by the greed of much better remunerated bankers and industry leaders.

September 2010