What if pay in other comparable professions was to rise by significantly more than RPI during this time? Would you be happy to see our relative worth be reduced compared with these other professions? I sincerely hope not. But if we were to maintain our relative position it would still not be fully reflected in our pensions.
Which comparable professions do you have in mind? I thought we ATCOs were very special and there was no one quite like us.
So it's potential reduction in your pension you're worried about. Can you put a figure on it? I can't and I've got less than 10 years to go. I really don't know if I'm retiring on 2/3 of 100k or 150k at this stage. If there are only 30% rises in the next few years then that will
potentially less than 50% rises-shall I start moaning about that now??
I am not giving up ANY of my retirement benefits trhat I have been working and paying for for the last 20 years.
So you went to the briefing and were not convinced that the above question was answered satisfactorily?? There has never been any question about accrued benefits but I stand to be corrected. I think the only way accrued benefits could be affected is due to NATS going bust. Then you have the govt backed compensation scheme to fall back on. The max guarantee is £27k/ annum.
Even more reason to vote YES.