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Nats Pensions

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Old 8th Nov 2006, 21:29
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Nats Pensions

WILL be changed, irrespective of what Management or union says.

Watch this space. Probably be an announcement within 12 months.

Most likely closing present scheme to new entrants, then giving current members the option to move from the less well supported scheme to the less good one.

Someone somewhere let something slip.
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Old 8th Nov 2006, 22:45
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Welcome to the rest of the world mate. Virtually every other company with a defined benefit pension scheme has had to pump huge amounts in to support their pension scheme and employees are expected to take some of the pain as well. Consider yourself fortunate if your employer permits existing members to continue to accrue albeit reduced future benefits. Many schemes have not only closed to new members but have also terminated future accrual to existing members and replaced it with a money purchase scheme.
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Old 9th Nov 2006, 06:22
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Maybe ,at last its time to unleash the powder
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Old 9th Nov 2006, 06:28
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The CAAPS Nats pension fund is well run and in surplus due to the excellent stewardship of the Trustees. I believe that the savings to be made by changing the pension scheme would pale into insignificance against the costs to the airlines of selective strike action as mandated by the membership to the unions. I would have thought that it is about time that the various airline managements started to make representations to nats management about the costs to them of a strike (short or long term) and how it might affect them. One thing you can be sure of and that is Paul Barron will not be affected by any of the issues arising from the pensions situation as he will ride off into the sunset with a large amount of money for his performance in ruining a pension fund that was paid for and used for the benefit of the workers.

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Old 9th Nov 2006, 09:13
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Originally Posted by roundwego
Virtually every other company with a defined benefit pension scheme has had to pump huge amounts in to support their pension scheme and employees are expected to take some of the pain as well.
Ah but the NATS scheme is in healthy surplus, shows no signs of going into deficit and NATS has enjoyed long contribution breaks because of this.

Closing it is more to do with keeping a bunch of crystal-ball-gazing actuaries in the credit rating agencies happy than a sensible response to increasing longevity.

Last edited by foghorn; 9th Nov 2006 at 09:13. Reason: DC10RealMan got there first!
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Old 9th Nov 2006, 09:39
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I am just guessing but another reason for attempting to close the scheme might be to steal the huge pension surplus that there is at the moment. Incidently this is not some obscure or esoteric exercise, as an ordinary worker who has been working for nats for 25 years I went onto the CAAPS website recently and I have in my personal pension "pot" between £500,000-£750,000. These are huge amounts of OUR money that the management is attempting to "reform"

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Old 9th Nov 2006, 10:03
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Originally Posted by DC10RealMan
The CAAPS Nats pension fund is well run and in surplus due to the excellent stewardship of the Trustees. I believe that the savings to be made by changing the pension scheme would pale into insignificance against the costs to the airlines of selective strike action as mandated by the membership to the unions. I would have thought that it is about time that the various airline managements started to make representations to nats management about the costs to them of a strike (short or long term) and how it might affect them. One thing you can be sure of and that is Paul Barron will not be affected by any of the issues arising from the pensions situation as he will ride off into the sunset with a large amount of money for his performance in ruining a pension fund that was paid for and used for the benefit of the workers.

I don't believe an all out strike would get much sympathy from the general public.
However, if we all turned down overtime, refused to train, left all aircraft on standard routings (and at standard levels), provided real spacing on approach rather than what we get away with now and demanded proper flow and sector closures when short staffed, we'd cost the airlines a huge sum without the emotive media images of picket lines manned by some of the higher salary earners in society.

I just don't believe strike action would achieve our objectives in today's world where public perception can be so easily manipulated by a media savvy management.
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Old 9th Nov 2006, 10:39
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Del Prado

maybe no public sympathy... but so what?? When have we carried out industrial action? One day (yes ONE day) would let the public know what ATCOs (and ATSAs and ATCEs) really do and how essential they are to the running of this country.

It would also put Barron in the know about what the coal face workers actually do.

Doing what you suggest is worth naught... downing tools totally is the only way to make a point. Yes there may be no public support, but we are not like the cheese eating surrender monkeys, striking every other day. We are not interested in public support at this stage, but should be interested in showing our power
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Old 9th Nov 2006, 10:47
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With reference to the initial post on the thread, can anybody shed light on where this information came from and just how it "will" be changed "irrespective" of what anyone, i.e. the members, say ?
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Old 9th Nov 2006, 11:04
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WILL be changed, irrespective of what Management or union says.

Watch this space. Probably be an announcement within 12 months.

Most likely closing present scheme to new entrants, then giving current members the option to move from the less well supported scheme to the less good one.

Someone somewhere let something slip.
Spin, Spin, Spin. The baron really has got his teeth into this one hasn't he? Float lots of rumours about the "inevitability" of closing the scheme and do it often enough and people will begin to believe its true. IT IS NOT

FACT: CAAPS is well run and meets all of its obligations and is likely to in the future. There is NO evidence to suggest anything else.

Just becasue other schemes aren't doing so well, this has no bearing on CAAPS.

FACT: The current NATS management teams main interest is increased PROFIT. Anything that MAY threaten the great god PROFIT has to be dealt with. Hence the cheap shot at CAAPS.

UK government continues to hold 49% of NATS. Despite assertions to the contrary, the UK government still has responsibily for SOME of NATS and CAAPS.

The baron and his henchmen will continue to float stories about CAAPS being doomed. When you hear these "fictional stories", just remember who is telling them and ask yourself what their true motivation is. Not staff welfare that is certain.

Should push come to shove, single shift strikes are easily do-able at each NATS unit without too much pain to each individual Union member (one shift). The effect on the airlines would be paralysing of course.

This is one that that some senior managers are becoming aware that they should back away from. They are being driven by the baron's lust for profit.

Rgds BEX
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Old 9th Nov 2006, 11:11
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I am afraid I am with Anotherthing on this one. The threat of one days selective strike action (LHR on day, Swanwick another day, ScATCC etc, etc) would be enough. The management would cave in as it would be seen as not cost-effective to pursue it with the effect it would have on our "customers". This is provided that the unions carried through the threat that they have been mandated to do and did not come up with this "working together" nonsense. I consider public "sympathy" and their holidays a complete irrelevance when it comes to my future. To quote an American General (Patton or McArthur, I think) who said "You find the word sympathy in the dictionary between **** and syphilis.
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Old 9th Nov 2006, 11:38
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If we do go on strike all units must down tools for the same period of time on the same day.In 1981 when we were ( well some of us ) last on strike we went for the odd unit on strike while other units were working and it gave rise to comments like Glasgow should be on strike so do not answer that 'phone line ( even if the ATCO at Glasgow was not in the union and he was just doing his job) It made a lot of people very uncomfortable.

The next time everybody out at the same time and all those who do not want to strike can work with each other and probably make a complete ar$e of it.( and then watch the company "thank" them.)

I no longer give a monkey's about public sympathy.I have put an awful lot of my OWN MONEY into this pension fund.

Also while I am on a rant I do not care what companies outside NATS are like.We have fought hard and long for our Terms and Conditions.We should not be trying to emmulate poorer companies , they should be trying to get on par with NATS.

Nurse!Time to take my blood pressure

Rgds

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Old 9th Nov 2006, 13:21
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Those who think a strike over pensions would be successful need to take a reality check. It would quite likely play straight into the hands of Barron and I am sure that he would not hesitate when his back is against the wall to do a "Regan", with the governments blessings, in order to change some of the other T & C's that he doesn't like. This would effectively get NATS off onto a new and clean slate with T & C's in line with other business's, very handy should the government want to sell its 49% stake in NATS, as it did with BP and other companies, in order to enable NATS to be floated on the stock market. He would get massive support, helped by the media, from the public who would be only too willing to put up with a bit of discomfort in order to see a highly paid workforce with excellent T & C's brought into line with what they have to put up with. Baron would win and retire in a blaze of glory with all the millions he will have made from the flotation of NATS. All sound a bit far fetched ? Maybe, but everything that is happening at the moment including employee shares, rebranding, Moody's upgrading to A3, accounts published in line with IFRS, financial restructuring, all point to NATS being shaped up for a flotation. The pension scheme is the only hurdle left to tackle.
Not that a strike ballot would succeed anyway, just listening to peoples comments when this subject is raised in the coffee lounge, rest room and other places it is clear that the majority of people would not automatically vote for a strike. Combine this with the timing of things, the workforce just having moved, settling into new houses in new areas, younger members getting mortgages for the first time, getting used to the new workplace and its surroundings, creating a new circle of friends and social life, getting the children settled into new schools etc. Vote for a strike that you know you may not win and then suffer the financial consequences, with all that lot on your plate ? I don't think so.
My view is from an ATCO's perspective. ATSA's, Engineers and others would be insane to even consider striking.
Having said all of that I am vehemently against any changes to the perfectly good and well managed pension fund that we currently have. I just do not think a strike would help our cause. Strikes are very divisive and harmful to team environments such as ATC. Even now there is still some needle amongst older members over the 1981 action.
Baron should be proud of the company pension scheme and our T & C's and hold them up as a beacon of good practice that other companies should be striving to achieve, this should be part of the "showcase" (his word on the NATS website) that we can be proud of and leaders in that area, something other companies should be aiming for. Instead he wants to dumb everything down to the lowest level he can get away with, except for his own salary, pension and T & C's that is. His motivation is undoubtedly one of greed.
I do think Del Prado's idea is a good one to start with when things begin to get serious, which they probably will at some point.
I'll get me coat,
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Old 9th Nov 2006, 15:32
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ah messing with my pension.. oo i feel slightly unwell.. touch of the flu... nasty, very contagious
anybody else???
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Old 9th Nov 2006, 16:19
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I know that our scheme is well run, and has a significant surplus, and NATS pays a comparatively low level of contributions.

It seems to me there is a bit of a herd mentality going on, 'everyone else is doing it, why can't we?' type of attitude going on with our senior management.

Senior management take note.

You'll look really good in an interview when asked why you left your previous job and you say 'I mucked around with the pensions............................
everyone left to work for someone else...........................
then the company went bust.............................'
The main thing that has made me reluctant to leave NATS is the pension. No pension, nothing else really keeping me, and I suspect a large number of my colleagues think along the same lines.

ATCOS / ATSAS / Engineers can work for anyone, NATS or no NATS.

As for my source, all I have is secondhand information, but I believe it to be correct. I'd be delighted to be proved wrong.

I got it from someone who was present at a meeting when someone from HR said too much. Apparently senior managements faces told the FULL story.

Obviously names and places can't be mentioned eithere here or by PM.
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Old 9th Nov 2006, 18:01
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co ord unaffected
If your info is second hand how can you believe it to be true.
Deal with the facts not second hand information
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Old 9th Nov 2006, 18:06
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I agree with most, but not all, of what has been said. However, when all is said and done, we have but three choices:
  1. Get lubed-up, bend over, then prepare to get royally sd by our very own contender for "Employer of the Year".
  2. Tell Mr B where to stick the proposed changes to the scheme, (whatever they may be), and point out to our customers that the pittance they/their SLF pay towards the NATS Employee Pension Scheme is but a 'bladder full of piss in the Pacific' when it comes to the financial penalties of being unable to move a single aeroplane through NATS controlled airspace/airports for a week.
  3. Take one's money and run and go work for someone else, somewhere else, while throwing as much £/$/€ into your own private pension as you can afford.
Personally, #2 gets my vote...
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Old 9th Nov 2006, 19:11
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The thing we have to do over the pension is stick together. I do think a strike, or just a threat of strike action would send warning bells throughout the aviation world, most if not all airlines could not afford a day without flying.

As for public support, forget it. Most of the public reckon that ATC is the reason that their plane is delayed and they have to miss out on a few hours of sun and drunkeness on their annual two week binge. I am sure many of us have heard a pilot blame ATC for late arrivals or departures!!

As for the promise that if you are already in the scheme then your pension is not under threat. How long before the members of the "new scheme" out number the members in the "old Scheme" and vote to close the "old scheme" down???

Another question. If the pension goes what will the difference be between NATS and other ATC providers? One of the reasons we all work and stay with NATS is the pension. No pension, whats to stop controllers wanting to work for other companies, especially if they bid and get the ATC contract at your unit?? Have you thought of that aspect Mr. Barron?
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Old 9th Nov 2006, 20:37
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To strike seems like the obvious thing to opt for but I am not so sure that it should be the first step, as it exposes all of us to risks and the wrath of the public before it might be necessary. Why not first make use of the fact that we are over delivering; that we are doing such a good job in shifting this much traffic through an inadequate system should be heavily in our favour becaue it is more than management have right to expect and can be taken back without penalty.

As has already been mentioned, just let every ATCO do their sector by the book;fully man the sectors and insist on flow measures to protect it. Refuse to permit operations that expose us to acknowledged safety risks, e.g. the current fiasco in Stansted's airspace where traffic is constantly running a gauntlet for rwy05 against LC, GW and WU departures. (This issue is already the subject of a safety report which demanded correction "...on the grounds of passenger safety." It is entirely proper for ATCOs to take action to protect themselves where management have not. It is actually our duty.)

Heathrow - use 60 seconds instead of the current 45 for a one minute split; apply the minimum final spacings. When the multiple CAT Bs are in the way as they nearly always are, slow the rate to protect the system.

Refuse AAVAs.

Currently, we are making all these things work and it makes Management look good - That is fine when they are playing ball on pensions but they cannot have it both ways. Do what you are required to do, nothing more.

As I understand things, such action should lead to a significant increase in delays for the airlines, which will put management directly in confrontation with them and the regulator. That must work in our favour.

Strikes are often devisive and are a frightening prospect for many. Is it necessary, yet?

.4
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Old 9th Nov 2006, 21:05
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Opnot

I have only passed on what I heard, although it is secondhand information, it was plausible and concerned me enough to make me feel I ought to send out a warning.

As I said before, I would be delighted to be proved wrong on this.
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