PPRuNe Forums - View Single Post - NATS Pensions (Split from Pay 2009 thread)
Old 6th November 2008 | 10:16
  #1003 (permalink)  
DC10RealMan
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Joined: Jul 2003
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From: Cheshire, California, Geneva, and Paris
I have attended a pension briefing and would vote no for the following reasons.
We are making decisions about our pension and therefore our future security in a great rush, I would like more time say 6-9 months to look more closely at the data and the conclusions reached.
I think that we are being rushed into this vote for other reasons:
a) Selling off NSL for financial reasons
b) Restructuring NATS for financial reasons and senior management bonuses
c) Selling off NATS with the agreement of the new labour government so that they will have monies to provide election bribes at the next election due within the next 18 months.
We have been told that it must be agreed by the end of next month due to conditions set by the actuaries, well as the actuaries are contracted by the management and unions and are being paid well for this service I would suggest that they will have to wait until the information and other sources have been studied so that we can make a BALANCED and INFORMED decision and if at the period I realised that there was no alternative I would vote yes.
There is a saying "Marry in haste, repent at leisure" I think that it could also be applicable to the pension situation.
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