Originally Posted by
REVOLUTION
Supposing the existing scheme is closed to new recruits, initially no problem as a small percentage of the workforce will have a different pension, but as time goes by...10...20 years that percentage will grow until the proportion of the work force that is in the existing scheme become the minority. At this point the minority will not have the leverage if there are any disputes!
Uuumm, what disputes? CAAPS is ringfenced only parliamentary legislation or a vote by CAAPS members which is 100% in favour can make any changes. Anyone outside of CAAPS has no sway, please see the previous posts on this subject
BD