hold at SATAN

During my pensions brief I too thought we were being given a talk by a bunch of snake oil salesmen.

NATS have the income to more than cover ALL pensions commitments. and more than enough to pay ENTIRE underlying rate to keep the current pension on track.

NATS management are lying slimeballs - an our union have allowed themselves to be roped iin.

055166k

The sums of money involved are low by comparison to other similar companies' schemes. The real reason for management's intransigence could be more subtle. They have promised the industry that crippling nav charges are to fund an investment in futuristic ATC equipment and systems; and there is unhealthy pressure to introduce a result. By forcing the "pension" issue and the inevitable industrial action that might follow, they will have managed to smokescreen their own ineptitude. [Besides which, the kit is a bag of worms.....no capacity increase and woefully inadequate in many areas].
If the main argument is future financial liability then there is no argument...management need to take a competency tablet and address the funding issue with a long term plan. The pension is an essential plank in the terms and conditions of our employment; a point the union should not forget.

Dances with Boffins

I went to the brief because i wanted to hear whatever they could come out with to convince me to slit my own throat and vote "Yes".

I listened, I questioned and i changed my mind. Two main reasons.

1. My "Vote No" was based mainly on the fine and well intentioned information contained in this here thread. I found the case presented by the NTUS team was well thought out and although not the rosiest of pictures, not half as black as painted here. If the same problems are besetting all final-salary schemes, I bet our solution is better than most, if not all.

2. I witnessed the member of the NTUS team who represented my own grade, a man whom I trust as a representative of our entire grade structure and a dyed in the wool Union man, tell me that this was as good as we are going to get. Any attempt at trying to scar Barron or NATS with a "No" vote was counter-productive and that although it pained him to say it, he recommended a "Yes" vote in order to protect what we have already.

Good enough for me.

I don't think we're going to get much more than RPI = 0.5% anyway for the forseeable. My pension will increase. My pay may increase more. My pension is still better than anyone else's [especially the poor wee buggers on a standard Civil Service Pension].

I will be voting yes.


A thought. If we spent a bit less time "fighting" management, we wouldn't need so many bloody managers. Now that is what I call win/win.

Another thought. There seem to be some pretty provocative posts coming from relatively new posters. Not an accusation, but something to consider...

FDP_Walla

If we got say 2% below RPI (during a recession- like now) and 2% above RPI after a recession when the good times were back then wouldnt we be 1.5% worse off on our pension based on our salary plus the new rules?
everybody seems to think that all other things bieng equal that our pensions would not be cut from from what they are today.
Just a thought. Happy to be proved wrong.

rodan

I expect that to be a tactic for reducing pension costs after a cap takes effect - low or flat pay rises for as many years as people will put up with it. Once employee anger has built to a level where this cannot be sustained, there would be a single large adjustment (say, RPI+5%) which takes pay to where it should have been anyway, but which does not bring the pension up with it because that is capped. Repeat.

Even if pay only rises by an average of RPI+0.5%, it's still possible to reduce pensionable pay using this method.

ayrprox

still dark, i have no evidence that this is the company's first offer, but as i said this is what i believe they WANT to pay, not what they are WILLING to pay. As to the pay question, sadly, i don't trust these current union negotiators to get me a good deal on a subway meal at the moment. i would expect them to come to me and say that they have been in negotiations for a couple of years and have decided its in subway's and my best interests to go for a 6 inch sub of the day, as this is the easiest thing to make. nevermind that i want a foot long subway melt with extra pepperoni!, thats just not achieveable.
seriously though, i really have zero confidence in the union to negotiate for anything on my behalf, they seem way too interested in the company's problems and how we can help them out of the huge abyss they've dug themselves. Thats why at scottish we pushed for the special delegates conference , with various motions i wont discuss in public , showing exactly how p***ed off we are with them!

Radarspod

Dances with Boffins - "I will be voting yes."

Thank god for that - when the vote comes in 99.8% to 0.2% against the deal, at least people won't just be pointing at me as THE yes voter

Well rounded and fair arguments, couldn't have put it better myself - believe me I tried!

Here's a thought. I read talk of "don't take the first offer" & "get what they are willing to pay" - very old-school union ways of thinking, unions vs management - the kinds of attitudes that resulted in negotiation loggerheads, long term industrial disputes and were generally bad for both sides. What if that by actually working together, the unions and the management have actually come up with what is best, that by working together rather than throwing deal suggestions and counter-claims and general abuse over the fence, they actually sat around the table and negotiated this one properly and did come up with a joint position that was mutually agreeable? Once it was sorted they made a joint presentation on what was agreed on our behalf, the NTUS BEC reps who agreed the deal being the ones WE elected (or were too apathetic to vote against) - Why in today's world is that so hard to believe? The many cynical among you will say I am being naive, I say move with the times - donkey jackets and braziers went out in the 80s.

I cannot believe now that anyone who was thinking in the future about wanting to step up to being on the Prospect or PCS BECs to represent his or her colleagues would even dare now due to the misdirected and appalling spite I have read on this forum against people who as far as I am concerned tried to act in what they believe to be the best interest of the members they were elected to represent.

I'm still waiting for a Vote No advocate to tell me what the "real" figures are if there is any EVIDENCE that both the management and the NTUS have lied and presented facts and figures that are untrue. I'm still waiting - I asked on this thread some 2 weeks ago. Please step up, show me the numbers and show me I am wrong (I have no problem with that ). As far as I am concerned I am still not being presented in this forum or others any evidence this is all a scam, only cynicism and suspicion.

Vote YES

RS

(just to clarify, I am not management, nor union hierarchy - just a member of NATS staff with a pension to protect)

Vote NO

I think it is really just a question of good judgement based on experience of life in general.
The softening up process is the Briefing, followed by the "Barstool session". And with the Union on board spouting management cliches then surely we must beleive them! They couldn't possibly be economical with the truth, could they?

Ask yourself, who stands to gain from this financially?
Answer= Management

Who stands to lose from this financially?
Answer= Staff

Are you really willing to tie your pensionable earnings into a 15 year deal capped at RPI+ 0.5% ?

Stick RPI +2.5% into the model to represent the last ten years average pay increase for ATCOS. Also try RPI+2% for non ATCO staff. Fifteen years is a long time to have a pension cap.

That's why I will still Vote NO

kinglouis

vote no.. again put simply and making sense.

we will loose out and it will be a very flush xmas for the families of senior management this year if we bend over.... daddy please can i have that pony?????

eglnyt

My understanding is that even if the proposals are agreed NATS will almost certainly end up paying far more than it has been for our pensions and probably a lot more than it would like to. Have we reached the limit of what they are willing to go to ? We'll probably never know. Do we like the deal ? Of course not. Is it the best deal we could get ? Probably.

I'm not sure why there's a lack of confidence in the union. As I've said before from time to time they are going to have to bring you bad news. If you are going to vote them out when that happens you are destined to go through a lot of union reps.

Personally I think they've done a pretty good job. I was impressed at the amount of effort that the union has put in and it was quite clear under pretty detailed questioning that they'd considered far more options and thought out a lot more angles than anybody in the room had.

Should our union be worrying about the good of the company ? Actually I think they should. Generally employees are likely to be far better off in a company that is healthy than one that isn't. If the trade union movement has learnt anything since 1979 it must be that bringing down the company you work for generally damages the employees as much as the company.

Are the figures correct ? I don't know for sure but there are enough PCS members in finance to ensure that the truth would out if they weren't.

kinglouis

again more sense from another perspective... thanks.
i guess it doesnt help that our presentation was utter rubbish and they actually avoided a lot of basic and simple questions... both management and the union.

mr.777

Sorry Radarspod, but not taking the first offer is basic common sense I'd say. I ahve my briefing in 2 hours time and I shall be asking the Union how much negotitaion was involved and how much the management moved in producing this wonderful offer for us....because I, along with the other 99.8% of people, think there is more to come...there has to be.

BDiONU

There will be at least 3 mate In one of the departments I used to work in there is a high powered union rep who only does union work. He is absolutely committed to the unions and the workers, not a management lacky by any stretch of the imagination. Seen him at one of the briefings and I trust him absolutely to have negotiated hard. I'm disappointed to see so many posters in this thread who distrust the union reps they have.

BD

Vote NO

That's it then, we have to vote yes, and to think of all the time we have wasted with briefings etc.
Might as well cancel the famous Bar stool sessions also

Who pays this "high powered union reps" wages ?

hold at SATAN

Boffin: Just because others are getting shafted, should we also get the same? We are in an industry that, despite all the doom and gloom, has a realitvely inelastic demand for our services (thus income)

With the global shortage of ATC staff, we are selling ourselves short by expecting no more than RPI+0.5% over 15 years. And before somebody says this only applies to ATCOs, we need all the support people around us too. In any market, people who are in demand will get pay commensurate with that.

Management will most likely put the plan through without our ratification, but at least we can vote no and show our disdain

So to quote 80s pop idol Andy Bell (Erasure) "Give a little respect, to-oo-oo-ooooo meeee"

bross_al

Does the bank of England's inflation report that says that inflation will Fall Bellow 1%(with a high possibility of RPI dropping into negative numbers) change anyones views on the chances of getting pay rises of above the 0.5% limit in the medium term?

Vote NO

RPI was forecast a month ago to possibly be -3% next year. The first negative since 1926!
Who knows? The financial tsunami (yes that's how you spell it!) from our USA friends is still to come and is heading this way

It's still not a reason, however convenient, to have our pensionable earnings capped at RPI +0.5 % till 2024 !

anotherthing

I know this is digressing slightly into the realms of pay awards and that this thread was split from that, but actually, the two an totally linked because of the RPI+0.5% pensionable bit of the pension deal.

We are likely to get even more shafted in pay talks if inflation drops further - just because headlne inflatin will drop, the fact of the matter is, the cost of a loaf of bread etc will not drop by the same amount. Since the last pay deal, we have seen prices in the supermarket etc shoot up at ridiculous rates. That is what we should negotiate to base our pay rise on - the difference between prices from the last pay award to the current day prices - NOT headline inflation which will sell us short and actually make us worse off in real terms!!

back to the pensions -

eglnyt so you are willing to roll over for 'probably' not definately??

Radarspod I'm still waiting for a Vote Yes advocate (because the management lackey at the briefing is incapable of answering a serious question that is not on his little crib) to prove to me that the company cannot afford to pay more than it will have to under this deal, as opposed to the fact that is is actually unwilling to pay more. They are trying to sell this to us as the only possible way of solving the pension issue.

It is incumbent on management and the union to prove to us that this is the only way it will work.
When we continue to post profits, well in excess of the extra money the company would need to find if it paid for the pension itself, it is very difficult for me to accept that the company should not fork out more.

And before any "YES" man starts bleating on about the Credit Crunch (), this deal/offer was done and dusted before the 'meltdown' properly started... therefore this blip in th eeconomy (which is cyclical) has nothing to do with the argument - so don't try throwing it into the melting pot now.

And don't even try to say it was done with the knowledge that there would be economic downturn, because we all know that NATS is not that financially astute nor capable of long term planning.... the very fact that our money moguls have 'only just discovered' SMART pensions goes to prove either gross incompetence or more likely given the comments made when it was mentioned to them - deliberate mismanagement of the companies money because it suited them to run down the pension fund as much as possible.

Radarspod

Anotherthing - have to agree with you on the point on SMART pensions (see - working together! ). My wife's employer started SMART pensions nearly two years ago and while people were a little more suspicious back then as it was relatively new, it has since shown real benefit to their pensions scheme and the employees - it's only an 1/80ths DB scheme, but the proportion of the underlying cost it covers is significant enough to make it worthwhile - for our scheme it was quoted that SMART may cover 0.8% of the underlying cost, but hey every little helps .

So why NATS didn't do this ages ago I don't know ......one thing I have never argued here is that our management are completely competent.

RS

Vote NO

Are Cartus going bust? Are they the Manch relocation experts chosen by our glorious leaders?