One NATS One Pension Campaign
Management have indicated to the Trade Unions in NATS that they wish to close the existing pension scheme to new members and to establish a new scheme for all new staff. PCS and Prospect are as one in their opposition to this proposal and have informed management that they will resist any attempt to do this.
The current scheme is well funded, well run and in surplus. Were the existing scheme to be in any difficulty at all then the Unions would be seeking to address these problems with management but this is not the case.
Management have said that the existing scheme would be safe and yet in December last year they made a unilateral change to the existing scheme in respect of both the 40-year rule and the non-ATCO flex that demonstrated that this is not the case.
How times and loyalties have changed
