OUR PENSION vs THE ROYALMAIL PROPAGANDA

Post by **TrueBlueTerrier** » 30 Apr 2008, 19:33

I did see a report on a News channel sometime over the last 2 or 3 weeks saying the Royal Mail is the first one to close a final salary scheme to current employees. All the rest have closed it for new employees, and INeOS are trying to do that at the moment (close to new).

Night Tonic · Post by **Night Tonic** » 30 Apr 2008, 22:07

Not many have a 3.5m or 5.5m black hole though. Might just make a smidgen of difference.

DGP1 · Post by **DGP1** » 30 Apr 2008, 22:25

Night Tonic wrote:Not many have a 3.5m or 5.5m black hole though. Might just make a smidgen of difference.

All have some sort of deficit because they all took big pension holidays but they are at least paying in to try to avoid what we're going through.

Post by **baldrick** » 30 Apr 2008, 22:29

Night Tonic wrote:Not many have a 3.5m or 5.5m black hole though. Might just make a smidgen of difference.

That's because not many are as big as RM's or have as many employees.

jafferpants · Post by **jafferpants** » 01 May 2008, 07:35

TrueBlueTerrier wrote:I did see a report on a News channel sometime over the last 2 or 3 weeks saying the Royal Mail is the first one to close a final salary scheme to current employees. All the rest have closed it for new employees, and INeOS are trying to do that at the moment (close to new).

Not true tbt Watson wyatt ( rms pension actuary) closed their's in january to existing members.

Post by **TrueBlueTerrier** » 01 May 2008, 07:50

jafferpants wrote:
TrueBlueTerrier wrote:I did see a report on a News channel sometime over the last 2 or 3 weeks saying the Royal Mail is the first one to close a final salary scheme to current employees. All the rest have closed it for new employees, and INeOS are trying to do that at the moment (close to new).

Not true tbt Watson wyatt ( rms pension actuary) closed their's in january to existing members.

No wonder they are Royal Mails Actuary

slamdunkin · Post by **slamdunkin** » 01 May 2008, 10:43

i didn't know senior managers are not included in this pension shake up.that's changed my view somewhat.
ALL pensions have to change but now im all up for a strike to change there's in the same way.do as we do not as we say

jafferpants · Post by **jafferpants** » 01 May 2008, 10:58

TrueBlueTerrier wrote:
jafferpants wrote:
TrueBlueTerrier wrote:I did see a report on a News channel sometime over the last 2 or 3 weeks saying the Royal Mail is the first one to close a final salary scheme to current employees. All the rest have closed it for new employees, and INeOS are trying to do that at the moment (close to new).

Not true tbt Watson wyatt ( rms pension actuary) closed their's in january to existing members.
No wonder they are Royal Mails Actuary

Dont be so hard on them tbt. If rm had taken the advice given by watsons some years ago we would not be losing our final salary scheme now, and what hurts even more is that rm paid them for the advice and then decided to ignore it.

DGP1 · Post by **DGP1** » 01 May 2008, 15:39

No wonder they are Royal Mails Actuary

Reary

donut · Post by **donut** » 01 May 2008, 19:07

flucking hell....i did`nt know jacky chan was a postie ??

BELIAL · Post by **BELIAL** » 01 May 2008, 20:04

slamdunkin wrote:i didn't know senior managers are not included in this pension shake up.that's changed my view somewhat.
ALL pensions have to change but now im all up for a strike to change there's in the same way.do as we do not as we say

You seem to have some quite big gaps in your knowledge about pensions ,D2D(not in your time) Sat . mailsort(

). Any idea why "all pensions have to change", please don't tell me it's what your Dom said or you read it in the scurrier

k979aaa · Post by **k979aaa** » 28 Aug 2008, 18:41

slamdunkin wrote:i didn't know senior managers are not included in this pension shake up.that's changed my view somewhat.
ALL pensions have to change but now im all up for a strike to change there's in the same way.do as we do not as we say

Yes the few with no view have nothing to worry about it is the masses the tens of thousand's of us all who will pay the price of management failure!. Work five years extra or lose three thousand pound's a year for the rest of one's life!. FOR THAT IS THE REAL PRICE OF MANAGEMENT FAILURE YOUR PENSION AND MINE!.

Darren Bent · Post by **Darren Bent** » 30 Aug 2008, 15:21

Perhaps we should put extra fiver each (Us and RM) a week toward pension to protect it. Will that help ?

k979aaa · Post by **k979aaa** » 31 Aug 2008, 00:13

Carew wrote:Perhaps we should put extra fiver each (Us and RM) a week toward pension to protect it. Will that help ?

Ask this fellow :cfo to put a few more fiver's in hes had most of all out of all of us put together, Yes i am sure he can afford it liveing of our back,s

Rules say

KNOWN PERSONALITIES WITHIN ROYAL MAIL AND THE CWU

It is fair to say that those in the 'top jobs' come in for a lot of criticism on this forum, please post constructive criticism and nothing else. Any libellous or slanderous posts will be deleted or amended, in no way should these personalities have any abuse aimed at them, period.

ad we have to apply it fairly and impartially to both sides

Post by **TrueBlueTerrier** » 31 Aug 2008, 06:52

k979aaa wrote:
Carew wrote:Perhaps we should put extra fiver each (Us and RM) a week toward pension to protect it. Will that help ?
Ask this fellow :cfo to put a few more fiver's in hes had most of all out of all of us put together, Yes i am sure he can afford it liveing of our back,s

Him personally I don't think has had anything from our Pension - the Black Hole was a historical event before he got his position within RM and AFAIK RM had already started paying back in before be came aboard. Also and to me shockingly his pension is not linked into the same one as ours and therefore he is not affected as far as I know by the pension changes.