If we vote yes, it all goes through, the SMART pension and the cap on Pensionable earnings of RPI+0.5% for 15 years. . We will may be sold to the highest bidder in 2010 - NATS is a company, not a service provider - company's get bought and sold all the time. Or NATS may not. It may get together with another entity (DFS would be a good one) and use SESAR as a platform to take on more of European airspace. That would be a good thing in my view!
If we vote no they can push it through OR come back to us and renegotiate OR they can withdraw the reasonable offer and replace with a less reasonable one You could have something to lose by voting no.
It isn't simple! 1184 posts on this thread shows that!
RS