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Pensions
#10
Lucy do you work or have you worked for any trusts, charities or council units?

Thanks peter

So the way I see it is ethical to set up a unit based on archaeology in a charity for education where I make myself the director and hopefully it is a RAO where I get, and the unit contributes to, a final salary council tax payer guaranteed superannuation pension for me and possibly a few others. After that for the middle management I would probably have some stakeholders pension into which we might put a few %, not sure that we would do any % for the diggers and of course we would be using volunteers and doing outreach although I expect a large source of the revenue to come from purely commercial ppg16 derived projects. Being in the charity business we would be exempt of corporation tax although we might pay vat if we include a limited company set up as well to limit the liability. Because of our articles set up we would also be eligible for grant funding particularly for the community and education, volunteers, giving experience and get involved with partnerships. Developers might like it cause they know that we are really part of the establishment and would probably have a close relationship with the authorities as we would be getting the same pension rights. We could blurr it a little by doing something district based but we would still be seen within a county council framework.

What would have been best is if this had all been set up between 15 and 25 years ago when the pension problem was first spotted so that by now it would have settled into a way of life.

Just need a middle management who would fall for working for my pension and the rest should follow. The fact that we can claim that we are a charity and that there is a tradition of helping and working with volunteers means that we could probably find a source of people who are willing to martyr themselves in the cause (making arrangements for their own post-retirement needs and better still telling others to stop their winning and waiting for someone to wipe their bottoms)). Diggers will have no chance. What you do reckon.

++++ CUT by BAJR ++++++++

unacceptable posting about a named company, denigration of charities and outreach.

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Pensions - by Paul Belford - 26th March 2008, 03:27 PM

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