Originally Posted by
250 kts
So NATS paying in their fair share following the "holiday" with subsequent interest would "not be doing nothing".
At the time NATS requested the 'holiday' the fund was in very large surplus, vastly more than was needed to pay pensions. Now, due to the market situation, the surplus is only just over whats needed to pay pensions but the market is still going down, hence action is needed. At the time of the 'holiday' it seemed (to me anyway) that it was perfectly justified because you can't predict the future.
BD