PPRuNe Forums - View Single Post - NATS Pensions (Split from Pay 2009 thread)
Old 9th October 2008 | 09:11
  #476 (permalink)  
hold at SATAN
 
Joined: Feb 2005
Posts: 230
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From: In my garden shed
Whatever financial doom and goom ensues at the moment will NOT last forever, it is just a temporary situation that WILL resolve itself and CERTAINLY WITHIN THE NEXT 15 YEARS.

If we don't vote NO now we will lose the chance to do anything until the year2023+ Now that's a LONG time to have our hands tied for, by when the difference between what we currently get and the proposed pension will be too great to reconcile.

Since NATS have settled a large loan early and have absorbed the move out of LTCC the outgoings should be much reduced and settle down, which could offset the increased pensions liability. And NATS management should forget about PROFIT, we are a NON-PROFIT MAKING company FFS. Our shareholders knew that when they took a part of NATS, why have their expectations changed?

VOTE NO

Last edited by hold at SATAN; 9th October 2008 at 09:34.
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