Originally Posted by
Del Prado
.4, Your first point is the crux of the matter. The estimate is something like 10 years before 'new' staff outnumber 'old', then a huge amount of pressure can (will) be brought to bear to close the present scheme. Promotion dependent on you signing up to new pension, higher pay rises for those on new scheme there are hundreds of 'incentives ' that management can use.
For a change to the current scheme, other than by government legislation, the members must vote on it and the vote must be 100% in favour or it fails. So if even 1 person voted against a change the scheme will stay intact. There is, to my mind, no incentive which could persuade 100% of members to vote in favour, unless the offer was to apply a coat of platinum over the gold
BD