NATS Pensions (Split from Pay 2009 thread)
Joined: Dec 2003
Posts: 234
Likes: 0
From: Home
BTW we have had on average 2.5% in the last 10 years. There is plenty that NATS will have to get us to agree to in the years to come and do you think that over 15 years we won't get above rpi+0.5%? Even once and we're worse off.
Perhaps in future, increases in direct relation to major changes in working and resultant cost savings, could be divorced from the cost-of-living rise - and so not applicable for the RPI + 0.5% cap.
Joined: Nov 2008
Posts: 295
Likes: 0
From: UK
Mr.777
And actually, I wasn't having a go at non-ops staff, in fact I was very careful not to mention anything about CTC...what I was objecting too was the frivolous waste of money by NATS management
And actually, I wasn't having a go at non-ops staff, in fact I was very careful not to mention anything about CTC...what I was objecting too was the frivolous waste of money by NATS management
Beady Eye
Joined: Feb 2001
Posts: 1,495
Likes: 1
From: UK
Thats certainly the case in the department and across the division I work in. I'm sure it'll be rolled out across the remainder of the company soon.
Apart from the Long service award celebration last Saturday has anyone else heard of anything? I haven't, those days are long gone whilst we continue to have to charge RPI -x% by the regulator.
BD
Apart from the Long service award celebration last Saturday has anyone else heard of anything? I haven't, those days are long gone whilst we continue to have to charge RPI -x% by the regulator.
BD
Last edited by BDiONU; 18th November 2008 at 05:30. Reason: Tiredness.
Joined: Aug 2000
Posts: 240
Likes: 0
From: Scotland
BDiONU wrote
Can you reveal your source for that? From NATS annual report 2007/8 total revenue for the year was £742m which is just over £2m per day....... Have all the planes stopped flying? Not from where I see the industry! Yes there have been cutbacks in flights but to drop from £2m to £0.5m revenue per day? UK Airports/Skies must be rather like ghost-towns 
DD
Oh and income is currently down by £1.5million a day.

DD
Joined: Sep 2002
Posts: 525
Likes: 0
From: 24/7 Hardcore Heaven
Perhaps in future, increases in direct relation to major changes in working and resultant cost savings, could be divorced from the cost-of-living rise - and so not applicable for the RPI + 0.5% cap.

Joined: Jan 2008
Posts: 2,003
Likes: 0
From: The foot of Mt. Belzoni.
NATS' Income =£2,000,000 per day.
NATS handles, say, 7,500 planes per day.
= £267 per plane (average).
Losing £1,500,000 per day means 5618 planes per day have gone missing.
=Cobblers.
NATS handles, say, 7,500 planes per day.
= £267 per plane (average).
Losing £1,500,000 per day means 5618 planes per day have gone missing.
=Cobblers.
Joined: Nov 2008
Posts: 295
Likes: 0
From: UK
Joined: Jul 2002
Posts: 129
Likes: 0
From: scotland
BDiONU
Have a look at the latest traffic figures.
BD
Have a look at the latest traffic figures.
BD
So a 5% drop in traffic equates to a loss in income of £1.5m a day?
So by your calculations nats turns over £30m a day.
Or around £1.1bn a year.
More fantasy figures from those supporting the yes vote.
Joined: Jan 2001
Posts: 146
Likes: 0
From: Destination 22
Perhaps in future, increases in direct relation to major changes in working and resultant cost savings, could be divorced from the cost-of-living rise - and so not applicable for the RPI + 0.5% cap.
That means currently all work / changes done for WP etc would be a one off payment and not an actual pay increase.
Do you think those one off payments are going to be as good as an extra 1% on your pay for the next 20-30 years? Plus that one off payment won't benefit subjefrom furtherpay rises either.
So I for one would not want to see future pay deals to include one off payments - pensionable or not.
Joined: Jul 2002
Posts: 129
Likes: 0
From: scotland
The impact of even 0.5% of a pay rise being non-pensionable will turn a 2/3 scheme in to more like a 1/2 final pensionable salary over the course of 38 and a bit years.
If you don't believe those figures then work it out for yourself and see how much money you'll be losing.
Of course, the 'yes' supporters will say the cap is only in for 15 years but is anybody really naive enough to believe it will ever go?
If the pension proposals had been to change from a 2/3 scheme down to a 1/2 pay or less you can be sure the reaction would have been completely different.
If you don't believe those figures then work it out for yourself and see how much money you'll be losing.
Of course, the 'yes' supporters will say the cap is only in for 15 years but is anybody really naive enough to believe it will ever go?
If the pension proposals had been to change from a 2/3 scheme down to a 1/2 pay or less you can be sure the reaction would have been completely different.
Joined: Sep 2002
Posts: 525
Likes: 0
From: 24/7 Hardcore Heaven
Not often I agree with you ZOOKER but on this occasion you're right. The number of stories that have appeared on NATSnet, coincidentally as the pension briefings are taking place, smacks of propaganda nonsense...they are trying to pull the wool over our eyes. Funnier still, the story that was pulled from The Times about how much debt NATS was in...they can't have it both ways. We're either healthy or we're not...at least be consistent.
Traffic inevitably quietens down in November when the winter schedules kick in, especially at places like Gatwick where there is a high proportion of charter traffic...it does not necessarily mean NATS is about to go under.
Traffic inevitably quietens down in November when the winter schedules kick in, especially at places like Gatwick where there is a high proportion of charter traffic...it does not necessarily mean NATS is about to go under.
Joined: Oct 2004
Posts: 40
Likes: 0
From: Scotland
If we chop out the dead wood in the company (like the ATCOs for example as they're a complete waste of space and arrogant to boot) I think it would lighten the future pension liabilities. If I'm correct then this is the direction we should be taking to help our wonderful management. I'll put my job up for review and if I'm not pulling my weight for the company - I go. Everyone else to do the same -especially the high and mighty ops rooom personnel that expect the company to revolve around them. Air Traffic - get a grip you're so 20th century. We have to develop the brand and move it forward with a dynamic world-leading yet organic capability while, and most importantly, retaining our environmental credentials, we can't do that with shift-working Trotskies moaning about their pension can we?
Profit uber alles, vote yes!
Profit uber alles, vote yes!

Joined: Dec 2004
Posts: 80
Likes: 0
From: uk
The major airports remain busy (I was at one today). The Centres remain busy - It's November, the traffic always drops off - (well has done for the last 20 years!)
Don't believe the figures, don't believe the hype.
CTC, your only chance of survival is -
VOTE NO!!
Don't believe the figures, don't believe the hype.
CTC, your only chance of survival is -
VOTE NO!!
Joined: Nov 2005
Posts: 338
Likes: 0
From: UK Home Counties
THAT is the reality of life in NATS....
Joined: Aug 2008
Posts: 25
Likes: 0
From: Scotland
If NATS is restricted about where it spends its profits because of 'the regulator' then the regulator (ie the government) can
'ing well top up our pension.
After 27 years of night shifts for this company my sleep pattern is completely shot to pieces - I'm lucky to average 5 hours sleep a night during the rest of my shift days and days off, regularly waking during the night at 3am and unable to get back to sleep. My days off are now wasted recovering from my night shifts and my kids probably think I'm a miserable
.
It's a well known fact nowadays that shift patterns/lack of sleep shortens ones lifespan - just hope I live long enough to spend the pension that I've worked my
off for.
Sorry for the rant but
'ed off with this company/government.
'ing well top up our pension.After 27 years of night shifts for this company my sleep pattern is completely shot to pieces - I'm lucky to average 5 hours sleep a night during the rest of my shift days and days off, regularly waking during the night at 3am and unable to get back to sleep. My days off are now wasted recovering from my night shifts and my kids probably think I'm a miserable
.It's a well known fact nowadays that shift patterns/lack of sleep shortens ones lifespan - just hope I live long enough to spend the pension that I've worked my
off for. Sorry for the rant but
'ed off with this company/government.
Last edited by Min Stack; 18th November 2008 at 05:00.
Joined: Nov 2001
Posts: 1,122
Likes: 0
From: uk
CAP493,
You forgot about HIAL who have a final salary pension scheme.
Certainly in this part of NATS empire the pay is about the going rate for outside.We have had guys come in from other employers,and are surprised how busy it can get.Also the pension was a big factor in recruiting them.
I think some parts of the empire are in a fantasy bubble,but certainly not this outpost.
People retire,or lose medicals.They are beginning to vote with their feet as well,and this pension issue doesn't help.Replacements? There are very few,and the part valids are keeping the system running.Then they can't get training to become fully valid Tower/Radar,which is what we require to run the place.
You are most welcome ,if you're an ATCO,to come here and validate in ''fantasy land''.
You forgot about HIAL who have a final salary pension scheme.
Certainly in this part of NATS empire the pay is about the going rate for outside.We have had guys come in from other employers,and are surprised how busy it can get.Also the pension was a big factor in recruiting them.
I think some parts of the empire are in a fantasy bubble,but certainly not this outpost.
People retire,or lose medicals.They are beginning to vote with their feet as well,and this pension issue doesn't help.Replacements? There are very few,and the part valids are keeping the system running.Then they can't get training to become fully valid Tower/Radar,which is what we require to run the place.
You are most welcome ,if you're an ATCO,to come here and validate in ''fantasy land''.
Joined: Mar 2002
Posts: 438
Likes: 0
From: Sunny Warwickshire
That could well be the case in NSL.Little rumour flying around that it will be sold about that time,and perhaps not even in one lump.
Good rumour or true.Only time will tell.
Good rumour or true.Only time will tell.




