At the briefing I attended, someone suggested transferring NATS property ownership into the pension scheme to cover the deficit, as M&S had done to solve their problems. Apparently we can't do that as all NATS property is secured with loans.
What about asking the Government to transfer their share of ownership into the pension scheme. I'm sure, with the appropriate paperwork, that they can keep rights to it and it would still keep the actuaries happy.
Has this already been considered?