PPRuNe Forums - View Single Post - NATS Pensions (Split from Pay 2009 thread)
Old 11th October 2008 | 23:00
  #549 (permalink)  
chocolateorange
 
Joined: Sep 2008
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From: down the swanny
"The Trust of a Promise prevents NATS from forcing employees who were members of the scheme at PPP into the new scheme"

and the rest of us?

"In addition, NATS and NTUS have agreed a 15yr Memorandum of Understanding under which pensionable pay increases are capped and which also guarantees that there will be no pressure of any kind on employees to leave the scheme and join the new one...."

I may be reading this wrong, does this guarantee run out after 15yrs?

I just don't see how we can be expected to trust management to keep any new promises when they can't keep the ones previously made
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