Hang on, the pension fund is worth £2 billion and the company is putting in £30 million a year?
1.5%?
CAAPS could put the entire pension fund in a current account and still grow twice as fast as with NATS contributions.
NATS' contributions are a drop in the ocean so far as the fund is concerned and still they're trying to reduce their (overall) payments.
The numbers we're presented with from management (and BDionu
) don't stack up.
We need to see a strong rebuttal from the union.
I really wouldn't believe any 'senior management' sources that anyone is privy to, there's a lot of incentive to sell this one to the troops.