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.
No, you've got it the wrong way round. If you divorced the two, only cost-of-living has a cap imposed at all. So any salary increase directly attributed to cost savings etc wouldn't have a cap in place. It's theoretical only, as management wouldn't allow such an easy circumvention.
I also never proposed one-off payments as being a good idea - its just the way I see things going. Put yourself in their shoes for a minute and see what makes business sense. Doesn't mean it's right... but it's the way things will go.