PPRuNe Forums - View Single Post - NATS Pensions (Split from Pay 2009 thread)
Old 9th December 2008 | 08:36
  #1833 (permalink)  
Loxley
 
Joined: Nov 2007
Posts: 62
Likes: 0
From: Sherwood Forest
Such as? The selling of NSL? No-brainer....just because management said it won't happen doesn't mean it's not on the cards.How can anybody believe anything that comes out of Barron's mouth these days?
So what's the alternative? Disregard EVERYTHING that he says as a lie? That's not very realistic or productive is it?

And why would the BEC members (both of whom are NSL) who came to my unit and were asked about an NSL sell-off, lie about it? These are people who have been negotiating for the best part of 18months with Barron and his cronies. If there was any hint of a by-product of these proposals being that NSL would be sold off, do you not think they would be ever so slightly concerned about it? Not least of all because it would be their futures on the line as well.

just people making educated guesses
I'm still struggling to see the 'educated' bit. From what the reps I've spoken to have told me, these proposals are not liked at all by Lawrence Hoskins because they're so expensive for him. And the new pension scheme for new joiners is still going to be one of the best in the UK private sector today. Coupled with the fact that many NSL contracts are currently LOSING money (not least Manchester) then why would NSL suddenly become so attractive to outsiders with a 'Yes' vote? You would still have the vast majority of staff on a final salary pension for years to come before the 'new-pensioners' outnumbered them.....
Loxley is offline  
Reply