Fred Goodwin pension

We were supporting the STUC 'Better Way' photocall in Glasgow this lunchtime. Really good turnout of local UNISON members expressing their anger at the attacks on their modest pension provision.

The aim was to highlight the real pension scandal by comparing Fred Goodwin's pension of £13,500 per week with a typical public sector pension of £80 per week. Fred the Shred may be iconic of the greed that got us into this mess, but his fat cat pension is not untypical of lots of top bosses. They have been awarding themselves big pensions while cutting pension benefits for their workers. Then they have the nerve to attack pensions in the public sector as well.