PPRuNe Forums - View Single Post - NATS Pensions (Split from Pay 2009 thread)
Old 28th Sep 2008, 16:37
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ifaxu
 
Join Date: May 2004
Location: alton
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its all very well saying things will improve in the financial markets given time. which they will. but it will all be a bit late if Nats has gone bust and our pension scheme wound up. and be under no illusion, any new buyer or government bail out will not honour our pension rights. If nats goes bust so will our pensions. allegedly the only thing that stopped that happening after 9/11 was the pensions holiday which would be better thought of as our pension scheme saving the company to save itself. It is a very emotive subject which we hopefully will hear more details on over the cominmg weeks. I think that if our union thinks it is unsustainable and our trustees are effectively saying the same then maybe we do need to be realistic about things , difficult though that is.

Last edited by ifaxu; 28th Sep 2008 at 16:40. Reason: spelling due hangover!
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