The magazine dropped through my door today and on
page 6 there is an article regarding pensions for energy supply employees.
One of the quotes states
'Prospect responded with derision to suggestions (by the energy regulator) that statutory protections for pensions implemented when the utilities were privatised in the 1980s "might have to be bought out". This would affect 204,000 pensioners in the 22 final slary electricity supply pension schemes".
More can be read in the magazine and here:
Price Control Pension Principles
Does any of this sound familiar, or to close to our situation for comfort??