With deflation a distinct possibility, say next year the RPI was -2% and NATS were offered a 0.5% pay rise.
Would this mean that the pensionable salary would decrease by 1%?
No - see the FAQs on
Natsnet:
30 most recently added questions
10 What would happen if RPI was ever negative?
There would be no negative impact on pensionable pay.
Last edited by PeltonLevel; 8th December 2008 at 22:16.