Pension holidays?
As mentioned in a previous thread, it was suggested that NATS was taking a pension holiday and was using the surplus in the pension scheme to allow them to take this holiday.
Now I know that private eye is not exactly what you would call mainstream press, but if this is true I find it quite worrying.
After all, I thought that the pension scheme which we collectively have been paying into for years, was for OUR benefit, not so the company can use it as an overdraft facility.
I might be wrong on this, and if I am and someone can explain it to me I would appreciate it.
Does anybody else have any thoughts on the subject?