PPRuNe Forums - View Single Post - Tories to look at pensions.
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Old 29th Nov 2008, 09:58
  #10 (permalink)  
anotherthing
 
Join Date: Feb 2006
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Melchett01

I'm ex-forces so really hope you guys keep you pension as is... you deserve it. I see the pension as deferred pay.

However, it might be worth a quick look at the ATC issues section and check out the NATS Pensions thread.

We have currently got a 'gold plated' pension scheme, that was protected by deed of trust when NATS was part privatised in 2001.

NATS is responsible for the majority of UK airspace and as such is crucial for the economy, security and defence. If NATS employees were to strike, it is fair to say the UK would economy would collapse (even further).

HMG still owns 49% of NATS.

However, our pension is now under threat and it looks like it will be degraded, even for those people who are already in the scheme.

Be very wary of believing what anyone tells you when they say your rights are protected, and make sure you have a full understanding, otherwise they will try to screw you.

Good luck... I hope this thread is just conjecture and has no real substance
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