PPRuNe Forums - View Single Post - PA pension. Bah, Humbug!
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Old 12th Nov 2006, 19:26
  #17 (permalink)  
RODF3
 
Join Date: Feb 2005
Location: canada
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Originally Posted by vecvechookattack
Hang on a mo.,......everyone was given the option....everybody was fully brief on the consequences....you all received glossy's, briefs. emails. chats with the Boss etc etcf..the process went on and on and on and at the end of it you all made a decision as to which pension you wanted to be on.......
...............................and now you moan about finding yourself on the wrong one.....sorry shipmate but you were given enough warning and advice.
Totally agree. But at the time those concerned were only employed to their 38/16 point and it was upto the whim of the selection board as to whether PA would be offered. It would be a brave or foolishly confident or stupid man to make the leap onto a new scheme which would give you a tiny lump sum when you were booted out and no pension until 55.
Now PA has been offered to those concerned, surely this is a change to their terms of service ie longer contract,different pay spine. With these facts they should be offered an option to change at the same time as the PA offer.
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