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General   (General discussion, talk about anything.)

Started by: tonker (27835) 

Whups, for every pension contribution that you ever paid, out of your wage, the government paid the same, for you, on your behalf.

Does it not follow that they are 50% shareholders in the pension fund?
And wouldn't a 50% shareholder be entitled to 50% of any surplus, and 50% of any loss?

In reality, the government have actually paid three times as much, into the Miners Pension Scheme fund, than the miners themselves have.

In fairness, and it might be what is being asked, I don't know, but the miners and the government should share any surplus (known as "bonus payments") at a 50 - 50 rate?

As it stands, the "bonus payments" come from the "surplus", which is money left over when all ex miners have been paid their pensions?
Pensions being a third of the total?
Does it not follow that the government should be getting 50% of the 'third' as well as 50% of the surplus?

Hmmmmmm. You probably won't 'follow' ! One or two will. But not you!

Replied: 10th Jul 2021 at 14:46

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