One could say that BHL "have shafted" the members of the FS scheme, if it is their intention not to contribute the required funds to it in light of the recent large increase in pensionable pay by converting allowances (but pathetic overall increase).
I believe that the BHL FS pension scheme has a couple of member elected trustees? But is the final say with them? I doubt it....this is more like an OLOG based idea to those on the end of the string on the pensions board.
Hopefully the company will promulgate some rumour busting news soon. Any jobs going at Scotia?? We at BHL almost work for free anyway.........!