Originally Posted by
roundwego
Virtually every other company with a defined benefit pension scheme has had to pump huge amounts in to support their pension scheme and employees are expected to take some of the pain as well.
Ah but the NATS scheme is in healthy surplus, shows no signs of going into deficit and NATS has enjoyed long contribution breaks because of this.
Closing it is more to do with keeping a bunch of crystal-ball-gazing actuaries in the credit rating agencies happy than a sensible response to increasing longevity.