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Old 21st Sep 2009, 22:53
  #29 (permalink)  
Wrathmonk
 
Join Date: Feb 2006
Location: UK
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CG

Good point and I don't know. At the very least I would suggest that all those on pensionable engagements, and past an ORD, would get their 3 times their pension straight away (plus some form of compensation to cater for the 'artificial' cap on their final pension due to lack of subsequent promotion). 10000-ish made redundant at say £20K lump sum a head is still a £200 million wedge that needs finding. In previous such (military) "downsizings" the redundancy offer was seen as a way of encouraging volunteers - it always plays better in the press for the government to be able to say that all those that were made redundant were volunteers rather than 'pressed men/women'.

Strange, it seems only weeks ago that this board was full of rumours of mega-bucks payments for pilots to sign on. If this is still being taken forward by Air Command as well it will make for an interesting PR battle - imagine the headlines - techies / RAFP / PTIs (or insert any other trade) made redundant to pay for pilot bonuses.

Sad times.
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