"Housing staff face massive pension hikes"

I was contacted by "Inside Housing" (trade magazine for Social Housing) this week about possible significant increases in pension contributions for members of the Social Housing Pension Scheme (SHPS).  What I told them is hardly rocket science, but after years of below inflation wages increases (and savage cuts in care and support) if the cost of pensions go up then members will leave the scheme.

I have also posted on line this comment:-

Can I recommend that if anyone learns that their employer is considering increasing contributions or closing their scheme to contact their trade union. UNISON is in the process of organising a meeting with the Social Housing Pension Fund and also will want to meet with employers.

Please remember that this “deficit” is an accounting figure which is almost entirely bogus and due a double whammy of recent exceptionally low fund management returns and a 200 year low in the price of gilts. Some things might have to change but defined benefit schemes are as affordable now as they have ever been. Housing associations should not panic. They will only run the risk of making the deficit seem even worse if they do. Instead they should meet up with their unions and negotiate a way forward.

and in reply to a blog by its Editor here

Sorry Stuart but it would not be a pragmatic step to consider closing the scheme nor raising contributions significantly. It could make things very much worse. This “deficit” is completely artificial and discredited accounting figure due to a double whammy of recent exceptionally low fund management returns and a 200 year low in the yield of gilts.

The Pensions Minister accepts that this "mark to market" accounting should be reviewed. Even the Bank of England says that you should not take a "mechanical" viewpoint of such "deficits"....

In housing management we see first hand the awful consequences of poverty in old age. Defined benefits schemes gives dignity in retirement for millions and should remain as the cornerstone of decent occupational pension provision.

I am also writing a guide/resource for the AMNT on what should trade unions and trustees do if their employer decides to try and close their defined benefit scheme (or increase costs so much it will close)

The Spirit Level Documentary

WHAT IS THE SPIRIT LEVEL?

“The Spirit Level” is an award-winning book which uses rigorous analysis of 25 years of research to show how a more equal society is better for all of us, including the rich. It shows how nearly all social ills - stress, poor educational performance, high crime rates, unwanted teenage pregnancies - are more common in those societies with a big gap between rich and poor.
It has been published in over 20 countries, has sold over 100,000 copies in the UK and won first prize in the Bristol Festival of Ideas. Lynsey Hanley in the Guardian said, It’s impossible to overstate the implications of (this) thesis", The Economist stated “It is a sweeping claim, yet the evidence, here painstakingly marshalled, is hard to dispute”. The New Statesman listed it as one of their top ten books of the decade. It’s impact has been so great that it has provoked numerous attacks from organisations that support low taxes for the rich such as the Taxpayers’ Alliance (“we oppose all tax rises”) and Policy Exchange (“the most influential think tank on the right”)"
(from their campaign page http://www.indiegogo.com/spiritlevelfilm)

National Association of Pension Funds Local Authority Conference 2012

This was very informative and well organised conference taking place during an absolutely crucial time for the future of the local government pensions scheme (LGPS). I was there as a Councillor and member of the Borough LGPS Investment and Accounts committee.

I did “twitter” (in my case a very apt term?) during the conference (see hash tag @grayee and #napf).
The NAPF had amongst many other speakers the minster responsible for the LGPS, Bob Neill MP, the Deputy Governor of the Bank of England, Charlie Bean; the Chair of the Local Government Association, Sir Merrick Cockell (who in a Q&A I referred to as “Michael”) and from the unions, GMB national secretary Brian Strutton.

The Chair of the NAPF is Joanne Segers. By coincidence the first ever trade union pension course I ever went on was delivered by her father, TUC tutor Terry Segers. Proper old school ex-fire brigade union.

Considering the number of forthright and opinionated individuals present at the conference, the Q&A sessions were quite quiet, which gave a opportunity to a certain gobby part time politician and union rep to somewhat hog the floor during questions.

Key issues to me from the speeches and seminars were:- how Housing associations are “gagging to build new homes” which if happened could help us get out of recession like it did in 1930’s; the real problem in pensions is not in the public sector but that private sector pensions were destroyed by various incompetents; if you truly want diversity on company boards why not have employee reps on them? Are fund advisers really interested in good governance and making company boards accountable? It’s a “no brainer that LGPS should share services" (if so why not just merge?); in the current LGPS if you earn £150k per year you pay less in percentage terms net than if you earn £15k pa (this is wrong, wrong, wrong); What is the collective term for Actuaries? Answer “An invoice”; the new proposed £2 billion infrastructure fund and LGPS governance (a possible national Local Government Pensions Board?)

There was clearly an expectation by speakers that the future of the LGPS negotiations would have been finalised by now. But there is some last minute hic-cups. This is immensely frustrating but I suppose they do want to make sure, as far as possible, that there is no misunderstanding or ambiguities about the “agreement”. The ultra left trade union cry babies (the so called 0.8%ers) are of course still weeping tears at the prospect of no more strike chasing to bring about the revolution but we should have the final offer very soon.

It was good to see at the final session that the conference applauded DCLG pensions lead, Terry Crossley, who is retiring from the civil service. I have crossed swords (politely) with Terry for the past 10 years or so over beneficiary representation on the LGPS. I wish him well in his retirement and told him that if a deal is reached on a new look LGPS then he should have a new part time job and go out and sell the model to the private sector who are in desperate need of affordable and sustainable defined benefit pension schemes. 

London Olympics 2012 May site tour

Early on Friday last week I went on a guided coach tour of the London Olympics 2012 site. This is the 3rd tour for Newham Councillors I have been on I think since I was elected in May 2010.

The change in the last 2 years alone has been remarkable. I also use to run/cycle into work and back through the site for many years before that. That change is simple breathtaking. Beforehand the area was an industrial estate dominated by scrap merchants, sweat shops, electric pylons and burnout buildings. There was some decent businesses but the area was known for the number of work related deaths and serious accidents.

It is now like being on a different part of the planet. Click picture to bring up detail.  I'll post some better ones on Facebook later.

This tour saw that the main Olympic stadiums and athletes village is pretty much complete but there is plenty of ongoing work going on to build the temporary buildings and sponsor concessions. 

The more I see of the green spaces, the trees, the flowers, the footpaths and waterways, the more I look forward to the post Olympic Queen Elizabeth Park.

UNISON Community SGE says goodbye to first Chair

This picture is from the UNISON Community Service Group Executive meeting earlier this month at the UNISON Centre. In the middle is  Stephen Brown, who was our first ever Chair of what is now  the 3rd biggest Service Group in UNISON. Stephen was our senior lay activist who did more than anyone to bring about our own sector specific internal organisation.

Stephen was a thoughtful and considerate Chair who always sought to bring about consensus and agreement whenever possible. However, as branch secretary of Quarriers UNISON branch he helped organised and fight his employer over proposed massive pay cuts which resulted in strike action.

Stephen was recently made redundant but was successful in an interview with UNISON and will start his new job soon. A result for the union I think.

Left to right in photo is our new National officer, Simon Watson (who took over from Mike Short); Kevin Jackson from Eastern region, who has taken over as Chair; Head of Community, Dave Johnson and finally but not least our top assistant national officer for Community, Jane Ellis. Who is also we understand planning to leave for a new job in Eastern Europe.

Tired of Banker’s Bonuses? It’s about time we all Have Our Say on High Pay!

"Over the past decade, while executive pay has grown by over 323%, the average UK earnings have grown by a mere 54%. Across the nation, ordinary workers have felt outraged by the continuing gap between the lowest and the highest paid earners but felt powerless to do anything. This growing inequality is particularly distasteful considering the current economic situation, with high unemployment and pension cuts creating hardship for many.

But how can we tackle this culture of excess? Vince Cable thinks that it is up to the shareholders of companies to hold the boardroom to account. However, despite the vast increases in bonuses and single performance incentives, not to mention “Golden Hellos” (a hefty sum paid to attract talent to the company), average levels of shareholder dissent have been stuck at around 9%, with outright defeat for these pay packages at annual general meetings remaining a rare spectacle.

We all have the power to influence these shareholders, who are mainly compromised of institutional investors. These anonymous ‘institutions’ are, among others, the pension funds and insurance companies who look after our retirement savings. In other words, the owners of corporate Britain are no longer a few rich individuals: they include anyone with pension savings, or around 11 million of us. This is our money!

The responsible investment charity FairPensions has launched ‘Your Say on HighPay’ at www.fairpensions.org.uk/highpay This online action tool will email your pension fund or ISA provider telling them you want them to vote against excessive pay – and asking them to let you know about it. 

Whether the ‘Shareholder Spring’ proves to be a one-season wonder or something more permanent may yet be up to us". (Great guest post by MM).

Newham Annual Council Meeting 2012

Last night (Thursday 17 May) was the London Borough of Newham Annual Council meeting. It was held in our historic Stratford Town Hall.

It opened with live classical music from some of the 7000 Newham Primary school pupils who had benefited from the Council's "Every Child a Musician" programme" followed by the formal Council business.

This included a motion to better regulate the blight of Betting Shops (bookies) on our High Streets moved by Cllr Neil Wilson (and seconded by myself). Then speeches by Sir Robin Wales, our Executive Mayor, honouring Cllr Alec Kellaway (the Chair of our Pensions Committee) for his 25 years of service and Cllr Conor MacAuley for his 30 years!

The Newham Young Mayor and the (Old) Mayor Sir Robin Wales both gave speeches. Robin reminded us there was only 71 days before the start of the London Olympics and how the eyes of the world will be on Newham. 

I was really pleased that the meeting also honoured all those Newham Residents who had been nominated for Inspiring Peoples Awards.  Kim Stevens, who is one of the tireless volunteers who runs the Vicarage Lane Community centre in West Ham ward (see Kim in collage bottom right) was so nominated and she had been honoured with tickets to the Olympics 100m Sprint Mens final! Well done Kim and well deserved for all your hard work to the local community.

Of course Keir Hardie (bottom left) the first ever Labour MP elected in this same Town Hall for West Ham South on the 4th July 1892 as ever kept a careful eye on events.

The Legendary One Pound Fish Man

"Muhammad Shahid Nazir works on a fish stall in Queen’s Market, near to the Olympic Stadium.

More than 1m views on the video sharing site show people love his tune, “come on ladies, come on ladies, one pound fish… Have a have a look, one pound fish.”

He is now in talks with a record label and has also auditioned for the up-coming X factor 2012.

“I feel very good and can’t believe everyone is singing the song,” said Mr Nazir. “It’s become famous.

“People want my autograph and they take photographs as well as make videos of me.”

“West Ham football supporters often stop here and tell me they’ve come to hear me sing as well as watch the match.

“Once a head teacher told me that his whole school is singing the one pound fish song.

“I’d been doing the job for just a week before I decided to sing the song which I made up myself. I soon realised it got people’s attention and drew them to the stall to buy fish.”

“My mother prays for me and encourages me to pursue my dream of becoming a singer. Singing has always been my childhood hobby and I want to make a career out of it,” Mr Nazir told BBC.

Hat tip London24

Will Crooks: A celebration

Will Crooks: A celebration.  Tuesday 29th May, 6:30pm - 8:30pm at St. Matthias Community Centre,

This event will celebrate the 160th anniversary of the birth of Will Crooks:-  Trade Unionist, the fourth Labour Member of Parliament and first Labour Mayor of Poplar.

Speakers will include Nick Raynsford, Member of Parliament for Greenwich and Woolwich and David Edgar, councillor for Limehouse.

RSVP to: ramona.iosip@canarywharf.com or 020 7418 2462.

 

Check out Will Crooks and Pathe News (above) of his funeral in 1921.

Quote about Will Crooks "I once heard him say that a non-Union workman who tried to gain personal advancement at the expense of his mates was like a man who stole a wreath from his neighbour's grave and won a prize with it at a flower show!"

Defibrillators save lives

If you have a heart attack then the best chance of you not dying on the spot is if someone can get a defibrillator to treat you within 5 minutes. For every minute after an attack your chances of survival without such treatment drops by 14%.

CPR (cardiopulmonary resuscitation) and "mouth to mouth" is still important as a last resort but in comparison with defibrillators this does not save as many lives.

Defibrillators are small hand held safe electronic devices that automatically diagnoses life threatening conditions and applies a treatment that can restart someones heart. It saves lives without further risk to the person you are helping or yourself. There are no real legal risks for you or your organisation (unless you are completely stupid and act in a grossly negligent manner).

I have signed up to this public e-petiton call for all public buildings to install defibrillators and train staff. This petition came about after the tragic death of teenager Oliver King and points out that it is not only older people who are at risk but 12 youngsters die every week from Sudden Adult Death Syndrome (SADS).  The footballer Fabrice Muamba who dramatically collapsed in March was saved by a defibrillator.

As I have mentioned before my father (aged 72) had a heart attack in a high street. He was given CPR and mouth to mouth by a trained first aider but was certified dead when he arrived in hospital (he was doing a 14 day long distance walk and camping out wild which he had been warned by his GP not to do so but that is another matter). My family have wondered whether or not if a defibrillator had been available it would have made any difference? We will never know but the evidence suggests it could have done if carried out within this 5 minute window.

I have spoken to Monica who is our Regional Equalities officer and a fully qualified NHS nurse who has carried out CPR and saved lives through defibrillation and Eric who is the very experienced paramedic branch secretary of the London Ambulance Service, both fully support lay people being trained to use defibrillators and they believe it will save lives.

My employer at our joint health and safety committee has agreed to look into providing defibrillators at our offices and training staff. I would encourage all employees to do the same.

NB To be clear if you come across someone who appears to be having a heart attack and there is no defibrillator available and you have not been trained to do CPR then follow the advice of my London Welsh compatriot Vinnie!

Hat tip Jake Morrison