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But it has run into a problem in the shape of a remarkably generous pension scheme inherited from BP.
When I left university I expected to get a job, be a member of a generous pension scheme, acquire savings and buy at least one home.
The issues, says the union, are both what it calls "the worst pay offer in the industry" and the closure to new workers of a typically generous pension scheme still enjoyed by existing employees.
This is more than double the remuneration of the outgoing Governor, but the Treasury said last night that the difference was largely accounted for by the fact that Mr Carney will not be enrolled in the Bank's generous pension scheme.
Anyone considering switching out of such a generous pension scheme has to take advice – something that has been built into new rules, with people being required to speak to a financial adviser specialising in pensions.
A generous pension scheme meant that by 1994-95 the pension fund accounted for 60% of Zeiss's balance sheet, while the company's own capital in essence, accumulated profits was only a few percent.
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A third city, Woonsocket, debated whether to join Central Falls in bankruptcy last month before raising property taxes by 14% instead.Rhode Island is a left-leaning state, with strong support for unions, as the generous pension schemes for state workers attest.
The Government says doctors have one of the most generous pension schemes in the country, with many retiring on pensions of around £50,000 a year, and that less well-paid NHS workers – who will also lose out under the new scheme – have not chosen to strike, showing that doctors are putting their interests ahead of patients.
And politicians will probably be asked to contribute more to their extremely generous pension schemes in future.In this section A harder road No place like home Och aye the No Hot under the collar Driven down Clean streets Bargain basement Heads will roll The nanny state Reprints.
Not content with racking up insurmountable debt, not content with destroying any hopes of sustainable property prices or stable career paths, not content with enjoying the benefits of free education and generous pension schemes before burning down the ladder they climbed up, the baby boomers have given one last turd on the doorstep of the younger generation.
He added that doctors had "one of the most generous" pension schemes in the country.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com