In the Today programme Ros Altmann, the former government pensions advisor says 'the only pensions that are completely immune are the public sector employees...they are bombproof, crashproof, credit crisis proof, nothing that happens in the market has affected them at all.'
The CAA i believe are public sector employees, we are in the same pension as they are, we are majority owned by the government (not as NATS like to tell everyone fully privatised). So why is their pension in such great shape whilst ours is in the s**t. Especially when we share the same trustees two of whom happen to be the NERL Finance Director and the NERL HR Director. Are they gambling with our pot whilst playing it safe with CAA money?
Or is it all to do with the fact that they aren't preparing the CAA for a big sell off?
Make your own minds up how to vote, but remember, never accept the first offer. They are using some classic negotiation techniques insisting there will be no second offer, fragmenting the proposal into many issues that dont let you concentrate on the whole picture and trying to overwhelm us all with misleading facts and figures.
Cover your noses guys, something stinks.