PPRuNe Forums - View Single Post - Nats Pensions
Thread: Nats Pensions
View Single Post
Old 10th November 2006 | 09:45
  #25 (permalink)  
120.4
 
Joined: Mar 2002
Posts: 314
Likes: 0
From: LONDON
BDiONU

Forgive my ignorance in this matter and explain if you can...

Firstly: I have heard on a number of occasions that if new pensions terms are given to new employees then when their number exceeds those on existing terms a vote could be taken to close down the existing scheme. Is that correct? Surely, if new employees join a different scheme they cannot then vote in matters relating to the old scheme, it would be none of their business?

Secondly: I have spoken directly with one of the IPMS team working on this and have been advised that the start-up costs for any new scheme would be significant, both to NATS and the "new" employees. Therefore, why is that still more attractive to NATS than continuing the current arrangements, which go a very long way towards keeping NATS' ATCOs quiet? In other words, why kick up a huge stink over something that is not going to be much cheaper (certainly in the short term).

.4
120.4 is offline  
Reply