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i don't really understand this much so can someone correct me if i'm wrong.
They are proposing that they will cap any annual pay rise at RPI + 0.5%.
You still get incremental pay rises every year. (ie moving up the scale)
These bits seem reasonable, i wasn't aware that they gave us pay rises of higher than this. However it does say that they will "cap" any pay rises at this it doesn't say they'll give us anywhere near this.
The new scheme for new entrants better be a good one otherwise it'll be very unfair sitting next to someone doing exactly the same job but with a vastly inferior pension scheme.
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