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Old 27th November 2011 | 10:24
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Howto communicate
 
Joined: Apr 2008
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What is the point of having a worthwhile salary if your pension is crap? The CAA/NATS pension is NOT crap, but there are plenty in the political/fiscal wings aching to doo doo over it!

The Chancellor stated policy is to fully privatise NATS under the present regime...ha hem...government. Even the likes of Willy Walsh and Richard Branson and other figures in the Airline Group have publicly stated that they would like to see NATS fully returned to public hands as vital infrastructure giving a seamless, not fragmented service. All very true IMO. Also IMO a euphemism from them of 'have you seen that expensive pension scheme we would have to cough up for...no way!'.

As regards the present CAA/NATS scheme, as to whether it will be subject to the same devaluation as the strikers pensions, I'll hold my hands up and say 'don't know guv'nor!'. But no doubt there will be someone out there who does!

If it is the case that the scheme will be devalued in its present 'split identity' state, then my view is NATSers should stop looking at the short term gain of worthwhile salaries, and think of the long term pain of a significantly devalued pension.
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