Last week we were led to believe that 1 million ill-treated local authority workers went on strike over the loss of (just one of) their pension rights. The event was heavily trailed and stage managed as "the biggest demonstration of anger since the general strike of 1926". The loss wasn't the closure of their organisations' defined benefit pension scheme and their transfer to money purchase or personal schemes, as happened to many of the 9.8 million employees with private sector pensions. Nor was it the collapse and liquidation of their company and pension schemes, which has left 85,000 private sector employees and pensioners in various states of destitution. Nor were they considering the plight of 11.4 million people who have no private or personal top up and have to rely on the basic state pension.
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