PPRuNe Forums - View Single Post - NATS Pensions (Split from Pay 2009 thread)
Old 20th November 2008 | 19:27
  #1279 (permalink)  
Slider57
 
Joined: Sep 2007
Posts: 3
Likes: 0
From: Within the TMA
Pension

Having studied Maths, I am struggling to see the arguement about the NATS management pension break. Yes it will have affected the pension but not on the scale some people are saying.

If however you have proof that the pension holiday has led to the huge defecit we now seem to have then please post it on NATSNET for all to see. As yet no one has shown me numbers that seem to add up.

Also everyone seems to forget all the nice pay rises that have been negotiated that all add to the underlying cost of the pension. Our own greed it would seem has also contributed to the current situation.

We also seem to have the odd rant about our T& C's, compared to nurses/police/armed forces and hundreds of other lower paid workers out there, we have got a pretty good deal overall. Perhaps some of the people who only work 18 days a month (me included) and work in a very controlled environment that ensures you are not overworked and get more than enough time off should swap places with some of the boys and girls in Afghanistan or Iraq. You might then appreciate how good a deal you have.

As for the comments about Barron and his Aston/bonuses. I hate the bonus culture NATS has for management, but until someone provides me with proof that Barron has these written into his contract I think we should refrain from making comment. It is after all a free country and he can buy whatever car he wants with his salary/allowances.

We have a well paid job with plenty of time off and you can hardly complain about being overworked for 8 hours a day. How many people think we will get public sympathy for going on strike over a reasonably good pension deal. Sure we all stand to lose a little but I personally think it is better than losing the lot.

I am not management or involved with the union, just someone who would like a pot to P$$$ in when I retire. I think we should vote on the issue not Barrons bonus/car or whether we like him as a CEO.
Slider57 is offline  
Reply