PPRuNe Forums - View Single Post - NATS Pensions (Split from Pay 2009 thread)
Old 17th November 2008 | 18:00
  #1209 (permalink)  
Stupendous Man
 
Joined: Jan 2001
Posts: 146
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From: Destination 22
Perhaps in future, increases in direct relation to major changes in working and resultant cost savings, could be divorced from the cost-of-living rise - and so not applicable for the RPI + 0.5% cap.
So you'd be happy with everything bar cost of living rises being non-pensionable?

That means currently all work / changes done for WP etc would be a one off payment and not an actual pay increase.

Do you think those one off payments are going to be as good as an extra 1% on your pay for the next 20-30 years? Plus that one off payment won't benefit subjefrom furtherpay rises either.

So I for one would not want to see future pay deals to include one off payments - pensionable or not.
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