And it's not the airlines fault either who don't have to give a penny but are giving 140 million.
SIPTU are forcing similar cuts to their members but won't on DAA/EI staff, will they be supportive of their own strike, will the fund some of the hole in their pension. It's double standards by the union.
I agree it will be sorted out but going on strike is just as damaging to staff as the airline and doesn't achieve anything.
The trustees who oversee the Irish Airlines Superannuation Scheme (IASS) represent the pension funders (Aer Lingus/DAA) and they thus failed, however both funding parties did nothing about the growing deficit, in 2007 Aer Lingus poured plus 100m into it and were back to square one, the DAA has a lot more to contribute, Aer Lingus also do but in a lesser extent to the DAA. The fact both funding parties allowed the deficit to grow is in employees view, stunning - at the same time they were both trying to cut costs and allowing a white elephant to grow. Not there fault what planet are you living on?
Whatever about the union, the employees they represent for EI/DAA are focused
on there issue - regardless of the given double standard.
Strikes are damaging, but the only way for both management to get of there asses and sort this out. The contrary which is to supposedly continue mitigation has failed repeatedly, and time and time and time again. ALL have tried this for months on end with NO result! Enough is enough, they have to act now.