Originally Posted by
Nimmer
Whats wrong with sticking your fingers in your hears and saying your not messing with our pensions???
The facts are it is a good well run pension scheme. I personally want to keep it as do many others. So its hands in ears and LAA LAA don't mess with my pension and if you do "everybody out"
As previously stated NATS don't/can't and aren't intending to mess with current employees pensions. They want to close the scheme to new employees and give them a different scheme.
If no action is taken the regulator will (Because they've told us so) further cap and reduce route charges and will cease to allow charge through of pension costs to the airlines. NATS income will be reduced but staff costs and pension costs won't be. Eventually NATS will go bust and there will be no more contributions to CAAPS and the pension scheme, which I'm looking forwards to drawing in retirement, only has whats in it at that time. En route ATC in the UK continues because the government does a railtrack but are not obliged to contribute to pensions because that was a NATS obligation and now they've ceased to exist.
Fingers in ears won't work unless you want to lose your pension.
BD