PPRuNe Forums - View Single Post - NATS Pensions (Split from Pay 2009 thread)
Old 1st November 2008 | 11:44
  #909 (permalink)  
hold at SATAN
 
Joined: Feb 2005
Posts: 230
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From: In my garden shed
Jobsfortheboys,

Cant dispute the figures, something has to give as the current situation is not sustainable.

Option 1 vote Yes and we look ok for the next 15 years although we are almost guaranteed to have to defend our position from here on in, albeit at the expense of those yet to join us.

Option 2 vote no and somehow hope that the Gov or whoever might ride in on a crest of a wave to save us and bail out our expensive pension pot, seems unlikely at best. Worst case scenario is pension frozen and moved to new scheme by whoever and NSL in jeopardy.
Option 3 - those crafty buggers are pulling a fast one by dazzling us with stats and numbers based on questionable assumptions and without fully exploring other options - remember lies, damned lies and statistics!

NSL will be sold, for sure, because if these guys are the hardnosed business gurus that they keep saying they are, NATS will be split. It may not necessarily be a staright forward NSL/NERL division, but a re-alignment and then dump the rest. Barron's reputation precedes him I'm afraid
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