PPRuNe Forums - View Single Post - NATS Pensions (Split from Pay 2009 thread)
Old 20th November 2008 | 18:22
  #1277 (permalink)  
anotherthing
 
Joined: Feb 2006
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From: Hants
Eglynt:
The size of the deficit is directly related to the contribution break and reduced contribution levels. Sorry that is just not true.Sorry that is just not true.
So are you saying that if NATS did not take a contribution break and paid full contribution levels when the fund was in surplus, the deficit would be the same as it is today?

Of course it wouldn't, the deficit would be smaller - therefore:

The size of the deficit is directly related to the contribution break and reduced contribution levels!
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