Still Dark and Hungy
Anotherthing
Quote:
So the Union does not understand that people will vote 'NO' if they believe that is in the best interests for the pension fund.
Can someone please explain why voting No is in the best interest of the fund?
And I don't mean individuals benefits, but the fund as a whole?
Could someone please explain to me why voting
yes is the best thing for the fund... briefings haecertainly not convinced me that. Voting
yes helps alleviate pressure on the fund and is the
best solution for management.
There are probably quite a few different ways that the fund could be made viable - however NATS as a business wants to implement the one that has the smallest burden on NATS (which means a bigger burden on the employees)
A 'NO' voter is saying thet they believe that NATS (who have enjoyed contribution breaks/reduced contribution levels when
our fund has performed well) should dig deeper into their pockets now that the fund is not doing as well.
The size of the deficit
is directly related to the contribution break and reduced contribution levels. Therefoe NATS should be more inclined to bolster the fund out of its own pockets.