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Old 14th Jun 2009, 13:22
  #114 (permalink)  
DOUBLE BOGEY
 
Join Date: Dec 2006
Location: UK and MALTA
Age: 61
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Genst (and Ladies) the FSP was removed some 4 years ago. What we have in place is a DBS (Defined Benefit Scheme) based on a notional salary increasing in a controlled fashion each year. This step was taken to try and reduce the risks shouldered by the Company.

I an going to an Industrial Meeting tonight at ABZ and will be wanting to take action over the removal of the DBS. I am sure all my collegues are of the same mind.

What galls me most is the utter stupidity of the management. If they remove the scheme it is not available to them either. They seem adept at putting managers into place who continually commit commercial, industrial and persoal suicide in same miguided notion that they must save money at all costs.
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