Lord Hutton today published his initial findings of his public sector pensions review.
(initial findings are technically known as softening up)
He basically said final salary schemes where doomed and everyone was going to have to pay more into their schemes and take less out later.
NATS's original pension scheme was tied to the CAA pension scheme until it was re-negotiated the other year.
In the light of the subsequent MoU the Unions should refuse point blank to discuss any ramifications whatsoever of the CAA pension scheme be changed.
Been there, done that, tough titty
