Spartacus 1. The only "done deal" is that the status quo is not going to remain. That much is obvious. I hope it's very much not a "done deal" re the proposed CARE scheme as its still a defined benefits scheme. 2. Don't be stupid - it does not "wash it's face. Put in £103m of contributions over 5 years and the deficit rises by £252 m in the same period! If the 90% funding target was being met, then with liabilities of £1.216 billion, the assets would stand at £1.095m as at December 2011 instead of at £896.5m, which would still be £200m short of the 90% target! We already know that Maths isn't your strong point, but come on! 3. They haven't decided to maintain the deficit - they merely set a new funding target in 2008 which has proved woefully inadequate! That's not a deliberate strategy - its an error, compounded by the ongoing financial crisis. Seems more likely to me that they wanted to avoid the hassle of the inevitable conflict with the unions and crossed their fingers and hoped that the investment markets would quickly bounce back. A huge own goal.
Voice For Victims
Voice for Victims is a campaign aimed at promoting the rights of those affected by child sexual abuse.
