Wednesday, April 01, 2009

Expenses and Pensions

in all the furore about MPs expenses may I point out that at least they do not receive any pension as a result of their allowances. If however, the MPs were to have an increase in their salaries then those salaries would give them additional pensions.

Furthermore, I really do think that somebody ought to ask the question when did the MPs Pension Fund transfer the assets out of Equitable Life. I think you will find that this took place just days before the Law Lords judgement which I think detroyed Equitable Life.

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