The crucial thing is that Mr Barron and the rest of the management team need to be left in no doubt that the cost of our pensions is nothing compared to the costs they will incur resulting from lack of goodwill and flexibility from staff if they continue trying to screw us over. And that's without even beginning to think about the costs associated with an organised work to rule or even ultimately strike action.
I am not giving up ANY of my retirement benefits trhat I have been working and paying for for the last 20 years.
I don't care whether RPI+0.5% may or may not be an acheivable pay settlement year on year, every year. But think of this...what happens after 10 years of being screwed over by management year on year and only acheiving RPI or RPI-x%, then in year 11 if the union ever develops a backbone we make a stand to restore our pay to where it should be and we get a pay rise well in excess of RPI+0.5%? Well I'll tell you...we're still screwed cos of that RPI+0.5% cap on pensionable earnings.
Still a big fat NO