CallMeCurious Posted March 24, 2023 Share Posted March 24, 2023 1 hour ago, Chris Thomas said: That's not the plan. There will be a call for evidence regarding vehicle duty though this year. Will you submit evidence and a proposal? Here is a guide to standard road condition assessment Road condition information | UKRLG (ciht.org.uk) if you want to read out more about the approaches used here and elsewhere. These approaches inform DoI's maintenance and investment plans and submissions to Treasury. This data is now input into Treasury's Strategic Infrastructure Needs Assessment process to determine the relative need for capital funds in budget process. So show us the plan then. On a map, show us in a nice colour chart even by do a £ per mile heat map. I'm sure some of the crayonista's that worked on the prom design would love the chance at more colouring in. How many miles of A roads and B roads are down for rebuilding, resurfacing or patching? There are stretches of main roads that haven't been touched in 10 years apart from the odd emergency repair or utility patch. Presumably there are no red zebra crossings and celtic knotwork death traps in the plan if we are working to a UK standard? Presumably West Quay in Ramsey might be started some time this decade? Not sure why the George needs a pedestrian crossing into the middle of a car park where the drop kerbs don't line up and you can't actually use the pavement around the edges because of the planters and trees. At least it doesn't look as if its waiting for more Chinese granite. Quote Link to comment Share on other sites More sharing options...
CallMeCurious Posted March 24, 2023 Share Posted March 24, 2023 1 hour ago, AcousticallyChallenged said: But would that be the case if you subtract the cost of the TT course maintenance? Might be due a refund if they did that 🤔 1 Quote Link to comment Share on other sites More sharing options...
WTF Posted March 25, 2023 Share Posted March 25, 2023 11 hours ago, Chris Thomas said: However the amount spent on highways is greater than the amount raised in vehicle duty here. April fools day is on Saturday, you're early. 1 1 Quote Link to comment Share on other sites More sharing options...
WTF Posted March 25, 2023 Share Posted March 25, 2023 (edited) 11 hours ago, Chris Thomas said: Really. What do you know that actuaries don't? Surely increased contributions and cost sharing inside the cost envelope have sorted out public sector pension sustainability? PS What non-contributory pensions schemes are there now? PS , what government employee pension scheme contributions will actually cover the cost of the payments out ? the police used to pay in a double figures percentage of their wages and that worked as intended , no government bod is paying in a realistic contribution for what they will get out. Edited March 25, 2023 by WTF 1 Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted March 25, 2023 Share Posted March 25, 2023 1 hour ago, WTF said: April fools day is on Saturday, you're early. It must be very inconvenient that Stu Peters, as a newly elected MHK, innocently and candidly posted these figures @ 15 months ago. Unless highway spending as receipt of VED revenue has risen by 2/3rds and more in that time since, then somebody is telling porkie pies. We all know where most of the VED revenue is going. And the other "millions in fuel duty". And it's not on the roads. 2 Quote Link to comment Share on other sites More sharing options...
HelmutX Posted March 25, 2023 Share Posted March 25, 2023 13 hours ago, Chris Thomas said: There is no fund, consolidated or otherwise, into which vehicle duty is paid. It is just general revenue. That IS a consolidated fund - it is a big, big pot! It is NOT ring-fenced! And we have unfortunately allowed you lot to rape it without accountability. 1 Quote Link to comment Share on other sites More sharing options...
Banker Posted March 25, 2023 Share Posted March 25, 2023 1 hour ago, WTF said: PS , what government employee pension scheme contributions will actually cover the cost of the payments out ? the police used to pay in a double figures percentage of their wages and that worked as intended , no government bod is paying in a realistic contribution for what they will get out. No occupational pension scheme will get sufficient from employees to cover what final benefits are particularly final salary schemes, this is because the employer also makes contributions & in IOMG case I think it’s about 15% for existing employees & the employee contributions are reviewed every few years with actuarial advice so likely going up again soon. The issue is the legacy pensions for all those retired employees who never contributed & are living longer! Quote Link to comment Share on other sites More sharing options...
CallMeCurious Posted March 25, 2023 Share Posted March 25, 2023 36 minutes ago, Banker said: No occupational pension scheme will get sufficient from employees to cover what final benefits are particularly final salary schemes, this is because the employer also makes contributions & in IOMG case I think it’s about 15% for existing employees & the employee contributions are reviewed every few years with actuarial advice so likely going up again soon. The issue is the legacy pensions for all those retired employees who never contributed & are living longer! So this is going to go on for another 20-30 years then until all the legacy pensioners are gone? Quote Link to comment Share on other sites More sharing options...
WTF Posted March 25, 2023 Share Posted March 25, 2023 3 minutes ago, CallMeCurious said: So this is going to go on for another 20-30 years then until all the legacy pensioners are gone? longer than that cos there will still people waiting to become legacy pensioners before the cut off date was set for the new T's & C's Quote Link to comment Share on other sites More sharing options...
CallMeCurious Posted March 25, 2023 Share Posted March 25, 2023 Just now, WTF said: longer than that cos there will still people waiting to become legacy pensioners before the cut off date was set for the new T's & C's Well it'll be interesting to watch what happens as the well starts to run dry. Quote Link to comment Share on other sites More sharing options...
Non-Believer Posted March 25, 2023 Share Posted March 25, 2023 Just now, CallMeCurious said: Well it'll be interesting to watch what happens as the well starts to run dry. It's already happening and you're seeing the effects; rises in taxation to fill the gap. Tynwald sat on this for 10 years+ from 2006 and did nothing, now we are seeing the results. The "Reserve" for paying public pensions exhausted in 2021, now their payment is funded from General Revenue to the tune of £35M+ per year. Quote Link to comment Share on other sites More sharing options...
CallMeCurious Posted March 25, 2023 Share Posted March 25, 2023 (edited) 15 minutes ago, Non-Believer said: It's already happening and you're seeing the effects; rises in taxation to fill the gap. Tynwald sat on this for 10 years+ from 2006 and did nothing, now we are seeing the results. The "Reserve" for paying public pensions exhausted in 2021, now their payment is funded from General Revenue to the tune of £35M+ per year. Right in the teeth of a storm of rising inflation & interest rates and a cost of living crisis following a crippling two year experiment in social control. The IOMG answer to 'these cows are being milked dry'.... get more cows. And let us not forget that most of the senior CS are lifers and so have known this was coming a long time. Hell half of them seem to come back as part-timers to take even more of the cake. Edited March 25, 2023 by CallMeCurious 1 Quote Link to comment Share on other sites More sharing options...
Banker Posted March 25, 2023 Share Posted March 25, 2023 26 minutes ago, Non-Believer said: It's already happening and you're seeing the effects; rises in taxation to fill the gap. Tynwald sat on this for 10 years+ from 2006 and did nothing, now we are seeing the results. The "Reserve" for paying public pensions exhausted in 2021, now their payment is funded from General Revenue to the tune of £35M+ per year. Most final salary schemes closed to new entrants many years ago as they are unaffordable & risk the scheme collapsing putting all pensions at risk, however they all have funds so existing pensions & those still in scheme are protected. However government schemes in UK & here have no funds so pensions are paid by existing employees contributions & shortfall from revenue or reserves 2 Quote Link to comment Share on other sites More sharing options...
WTF Posted March 25, 2023 Share Posted March 25, 2023 20 minutes ago, Banker said: Most final salary schemes closed to new entrants many years ago as they are unaffordable & risk the scheme collapsing putting all pensions at risk, however they all have funds so existing pensions & those still in scheme are protected. However government schemes in UK & here have no funds so pensions are paid by existing employees contributions & shortfall from revenue or reserves and yet they aren't ponzi schemes allegedly. Quote Link to comment Share on other sites More sharing options...
mad_manx Posted March 26, 2023 Share Posted March 26, 2023 22 hours ago, WTF said: and yet they aren't ponzi schemes allegedly. Yes. I was told off by many over here when I used that term for the pension schemes.. Quote Link to comment Share on other sites More sharing options...
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