The two example below
show clearly how increased pension contributions and the pay freeze have left
us worse off as inflation soars ahead of wages.
Example 1 an AO in East
London
An AO in East London
found by checking on RM that his monthly take home pay in September 2008 was
£1,437.10. Monthly take home pay in September 2014 is now £1,438.64. So in 6
years take home pay has gone up by only £1.54.
Example 2 an EO in London
An EO in East London
found by checking on RM that his monthly take home pay in September 2008 was £1,805. Monthly
take home pay in September 2014 is now £1,816. So in 6 years take home pay has
gone up by only £11 a month.