"In addition, employees who were members of CAAPS on or before 26th July 2001 are protected by the trust of a promise. The trust of a promise guarantees that such employees would be afforded the benefits promised by the scheme whilst they remain in NATS or in the event that their employment is transferred to another owner. This is provided that the company is not in severe financial difficulty, in which circumstances the guarantee is only that the company must use it's 'best endeavours' to provide the promised benefits."
This also means that even if people vote this sh1te through with a yes vote that there is nothing to stop Barron (or whoever he has sold us to) from saying "Look, we tried with the new pension and the pay cap - but its still not enough. Everyones cash is moving to the new pension" And do you think those members of staff in the new scheme will support us as we try to defend our pension rights then? Will they !!!!!
For those that say there is no alternative - there is. Vote No and send the negotiators back in.
Write to your MP - are the government / MPs fully aware of what the airline group are trying to do to NATS?
Mine wasn't.
Roll over on this and kiss it all goodbye in 5 years time. Along with leave entitlement.