Superannuation Bill

Memorandum submitted by Gillian Moorhead (SU 80)

1. I am a 48 year old PCS PS Scheme member, who has been in the scheme sin ce 8 th November 1999.

2. I began my s ervice in the Employment Tribunal service after which I joined Government office for the North East and after a short spell I was transferred to the Small Business Service. Following the dissolution of the Small Business Service I moved to One North East, The Regional Development Agency for the North East and have worked here since April 2006. I have been informed by ONE that my previous employment was not covered under the redundancy modification order, although I would argue that the SBS was an agency and that I should ha ve continuous service from 1999 and that I should have 11.5 years service as opposed to 4.5 years service. I am currently seeking legal assistance on this matter but this aside the changes listed in the bill will aff ect me financially in any event, due to the capping limit which is being put forward.

3. Because the Coalition has announced the closure of all RDA’s, I will be left without a job, and with little hope of finding alternative employment given my age, and the current economic and employment position in my region and the North East's heavy dependency on the public sector. I have a wealth of expertise and experience, however I hold qualifications which are not consistent with the current academic framework and I feel this will cause me to be overlooked by prospective employers. If I choose to retrain, I would have to fund the training myself and there is no guarantee that there will be a position available at the end of the training.

4. I also feel that the Coalition should have conducted an equality study, prior to announcing the cuts as the vast majority of public sector workers are women and it is they who will be affected more than men. I therefore believe this Bill to be inequitable.

5. If the bill is passed I will find that my expected pension will be substantially reduced from that which I have been building and effectively had been promised during my working years, yet I will have neither the time or the opportunity to make alternative arrangements to cover the substantial losses the Coalition Government are now intent on handing me.

6. G iven that I will receive enough pension to mean I will have to pay full Council Tax and I will be taxed on my works pension also, yet I will not be eligible to re ceive any form of state benefit I will find myself in the position of financial hardship.

7. 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 have been in the PCS PS yet will make a very small contribution to meeting the country’s financial needs, which have been primarily caused by the ineffective management of bankers, many of whom are still receiving bonuses.

September 2010