The whole thing stinks, we are being shafted and the process appears to be being done behind our backs. TAG clearly wants out of our expensive "Rolls-Royce" pension fund and quickly. This isn't a pensions holiday but a pensions bail out all to be conveniently blamed on September 11th. What does the union think it is doing that represents the staff??
Moneybox live on Radio 4 at 8pm Monday 26 November has a pensions special where it will be discussing the flood of companies desparate to opt out of final salary pension schemes and into stock market based pensions. Listen and be scared, be very scared.
[ 23 November 2001: Message edited by: Steep Approach ]