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Damage limitation for who? Unless they signed up to another confidentiality clause after conference! |
Strange how our money experts seem unable to work out the average RPI and pay rise over the past 15 years to give a straight answer... For ATCE, STAR, MSG and in most years ATSA grades I think the most recent figures going back are RPI + 0.25, RPI, 2.8% + £500 non pensionable (representative RPI for that year was 3.4%), RPI + 0.6, RPI + 0.6 |
What has the RPI pay increase been over the past 15 years? Pay has not always been RPI related – it is only in the last few years when we have agreed multi-year pay deals that RPI has been referred to regularly. In addition, the level of rise has been different for different groups with some getting rises in excess of RPI+0.5% in some years and others not. Therefore there is no one figure that provides a useful guide. Also, past increases are not a guide to future rises – clearly overall deals are related to the health of the company and to productivity improvements. If anything summarises the tactics of those trying to secure a 'yes' vote then this does. Why not produce all the pay settlement figures and the attendant RPI numbers so we can assess the historical impact of the cap for ourselves? We know the reason and that's the fear of the 'yes' side that staff will realise their pensions are going to be crippled by this cap and in many cases will reduce the final benefits to 1/2 salary or worse. Even the modeller itself doesn't show the continuing huge impact of the cap after the 15 year period assuming it is scrapped at that point. Staff are looking at losing tens of thousands and in some cases hundreds of thousands of pounds but aren't being told this. |
"We know the reason and that's the fear of the 'yes' side that staff will realise their pensions are going to be crippled by this cap and in many cases will reduce the final benefits to 1/2 salary or worse."
That's on the assumption that we would have got RPI+1.5% pensionable pay for the next 15 years though, isn't it? |
Fenella That's on the assumption that we would have got RPI+1.5% pensionable pay for the next 15 years though, isn't it? Is this meant to be humorous? |
Yes, sorry. Just making sure I wasn't being ignored.... This site is like dipping a toe in the North Sea in Feb if you're considering "not voting no" :O
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I apologise, I incorrectly considered all on here to have a grasp of very basic maths The problem is, there is a difference between very basic maths and statistics. I know that the arithmetic mean of 83 and 60 is 71 and the arithmetic mean of 40 and 17 is 29 (both rounded). But, not knowing the size of either sample, or whether anyone has voted in both polls, it is not possible to combine the results in any meaningful fashion. :ugh: :ugh: :ugh: :confused::confused::confused: :ugh: :ugh: :ugh: |
Fenella Yes, sorry. Just making sure I wasn't being ignored.... After your first post, not likely. :ok: |
eglnyt,
Can I be forward enough to ask your (rough) age and how long you've been with NATS? Fair enough if you don't want to answer. (I'm mid-30s with 14 years in the scheme btw). |
Superb work everyone! Only another 150 posts or so, plumped up by mathematical debate, and this will soon be the biggest thread in the ATC forum :ok:
RS |
wtf is the biggest one about then? :eek:
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Luncheon vouchers
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A-ha...that'd be the sticky a couple of threads up then. :}
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Luncheon vouchers RS |
Luncheon vouchers? |
Clearly wasn't sarcastic enough...... not all NATS locations got them.:uhoh:
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"Others" get Aramark :ok:
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I've heard good things about 'Aramark'.
Or was it Primark. |
It would've been Primark, cheap and good value. Aramark is cheapish and there the similarity ends - although they do a good line in slop.
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Luncheon vouchers
Clearly wasn't sarcastic enough...... not all NATS locations got them.http://static.pprune.org/images/smilies/worry.gif |
.................:)
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I think I've given up trying to post things relevent to the thread as no-one wants to listen and my head can't take being banged against a brick wall any more :ugh::ugh::ugh::ugh::ugh:
Anyway, we can't really complain about posting off subject on here - just about every NATSNET non-pension related news item and even the picture of the day have been hijacked by the pension issue grumblers:} RS p.s. VOTE YES |
NO!
Mine has been handed back to the Royal Mail for delivery to Chertsey by tomorrow. Interesting that they request votes ASAP, but have brain-washing sessions for another fortnight. |
Just returned my NO vote. The final straw was all the bull!!!!! that came with it this morning, "please, pretty please vote yes"...no chance.
VOTE NO:ok: |
My NO is on the way too.
Did anyone else notice that the envelopes were printed upside down so they open at the bottom:D happy days :ok: |
I noticed that too...says it all really doesnt it?!
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luncheon vouchers .... ah heathrow tower.. in the good old days
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If anything summarises the tactics of those trying to secure a 'yes' vote then this does. Why not produce all the pay settlement figures and the attendant RPI numbers so we can assess the historical impact of the cap for ourselves? We know the reason and that's the fear of the 'yes' side that staff will realise their pensions are going to be crippled by this cap and in many cases will reduce the final benefits to 1/2 salary or worse. Even the modeller itself doesn't show the continuing huge impact of the cap after the 15 year period assuming it is scrapped at that point. Staff are looking at losing tens of thousands and in some cases hundreds of thousands of pounds but aren't being told this. See the post above yours for example: For ATCE, STAR, MSG and in most years ATSA grades I think the most recent figures going back are RPI + 0.25, RPI, 2.8% + £500 non pensionable (representative RPI for that year was 3.4%), RPI + 0.6, RPI + 0.6 I returned my No vote today... I don't support the proposal but I do tire of the reactionary and sensationalist arguments against some of it. The reasons to oppose are strong enough without exaggerating them. P.S. Luncheon Vouchers.... Get em.... Hate em. Give me the money instead please! |
my NO is crossed and will be winging its way to Chertsey today.
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My YES is crossed and on it's way to Chertsey also!
I noticed they are branch ballots as suspected, not an all-in-one count - should make the results interesting. Now what shall we find to debate about now? :) RS |
Latest from the scientific Pension vote poll http://static.pprune.org/images/smilies/smile.gif
Poll Results latest NO ....81%....86 http://static.pprune.org/images/smilies/thumbs.gif YES....19%....20 http://static.pprune.org/images/smilies/sowee.gif Looking conclusive so far......and remember this, Management have gone from "there is no other option if you vote no" to "It depends on the size of the No Vote" ... FACT not fiction ! So what does that tell you? Basically, they have another option and have been , lets say, economical with some of the facts and will be caught out if the no vote prevails! If you vote yes, you are a turkey voting for XMAS http://toons.artie.com/thanksgiving/...-strut-url.gifhttp://artie.com/20001014/arg-turkey-ch0p-url.gif Vote Here http://static.pprune.org/images/infopop/icons/icon2.gif http://snappoll.com/poll/301858.php VOTE NO :ok::ok::ok::ok: MERRY XMAS |
My NOvote is also on its way today.
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Some of you lot would make me laugh if this wasn't such a serious issue.......
Empty barrels make the most noise. Let folks vote as they see fit without you trying to coerce them with big colourful letters. It's nobody else's business which way you voted..... just be sure that when you place the cross that you know the ramifications of your actions. |
Now what shall we find to debate about now? |
Let folks vote as they see fit without you trying to coerce them Vote NO, loving your work mate....have you considered a career in graphic design? Good pension I hear.....:} |
Funny you should mention the propaganda that arrived with the ballot paper..... I too threw the lot in the rubbish bin :}.
Quite frankly the Union speel was embarassing and a last ditch pathetic attempt to save their shoddy positions:mad: |
I am a NATS atco who is over 18. I can make my own mind up over which way to vote without the rantings which go on from certain people on this thread. Vote No did you read it before it went in the bin,and when are you putting yourself up for a union rep as everybody else seems to be doing a bad job
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I didn't read it, at least not fully. I don't wish to represent anyone as a rep, but thanks for your support :ok:, and I agree with your comment that "everyone else is doing such a bad job" :{
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vote no
you did not read it and you do not wish to represent anybody you are talking Bull!!!! |
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