Fatcontroller
Nats stops paying in 12% not 6% into your pension so this payrise for the next 2 years is being paid for in just 6 months. This gives them a massive amount of money being saved.
As a side issue does anyone know is the pension fund was calculated on the new FRS17 rules or on the old rules. Only asking as since everyone else is using the new rules they semm to be getting out of final salary pensions faster than a manager out of the ops room.