Originally Posted by
DC10RealMan
One of the things I find unacceptable about some of the issues raised by this pensions issue are some of the middle ranking supervisors/managers telling the workers how essential these changes are, however they personally are old enough to know that they are not going to be affected by the issues as they will have retired with their benefits intact. I am realistic enough to accept that this is part of their job, but to stand in front of their "colleagues" and mouth the managements platitudes without embarrassment is beyond the pale. Have they no sense of shame?
Perhaps (like me) they recognise this as a real issue and feel a duty of care towards their employees and loyalty toward a company they may have worked for 20, 30 or 40 years for. Not forgetting that they're acting to protect their own pensions as well. If NATS goes bust then there will be no more contributions to CAAPS and everyone in it will have severely reduced pensions, including, I would have thought, those currently in receipt of a pension.
Remember that the CAAPS fund has to pay out until everyone in it and their spouse is dead.
BD