Little hope that Brussels will solve pensions crisis
Britain has its own pensions black hole to worry about and on top of that comes the realisation that membership of the EU carries a very heavy price tag in terms of the hefty pensions paid to EU officials who can retire at 63.
Over the next three years their pensions will rise by 16 per cent and UK taxpayers must contribute £177million to featherbed an army of civil servants who contribute nothing to this country’s wellbeing.
To all intents and purposes the EU is just a money pit, swallowing up our ever-increasing contributions and burdening this country with rules, regulations and the ominous threat of direct taxation. At a time when the Coalition is attempting to cut waste in the public sector and raise the retirement age to make some dent in our own financial burden, it is dispiriting to see these efforts cancelled out by the gluttonous demands of Brussels.
The Government has asked the European Commission to explain how the pensions bill can be kept under control. Pathetic. The pensions bill will not be kept under control: the figures just don’t add up.
And as Britain already knows to its cost there is no will in Brussels to economise on anything at all. They have
Britain at their mercy and it is a sorry state of affairs.