One is existing pension commitments. That is, the promise to pay that everyone in the UK already has from the Westminster government. The answer to this one is easy to provide. Just as anyone who leaves the UK is still due their accumulated pension entitlement from the UK Government, so too will everyone in Scotland be entitled to the pensions they have earned to date from that government, which has benefitted from their tax contributions to date. Admittedly those pensions will be paid in English pounds, and they may be worth less than Scottish pounds, but that is the only risk I foresee.
He then goes on to write:
When considering this issue it has to be remembered that state pensions are not paid out of a pension fund. There are no savings or investments that back them up. The taxes and national insurance that we pay now are used to pay the pensions of those already retired
He's been trying to get money in Scotland for several years now. He had a performance before a Parliamentary Committee the was sublime in it's gormlessness.
Of relevance to tonight’s announcement, the story of the AU and US police working with ‘a third country’ to develop a ‘super secure encrypted chat phone’, which they sold into the underworld and used to pickup a bunch of serious villains back in June.
Comments
I prefer "Make it Up" Murphy.
https://londonist.com/london/transport/kennington-loop-northern-line-who-how-why