In article ,
Huge wrote:
On 2012-01-01, Tony Bryer wrote:
On Sat, 31 Dec 2011 15:33:14 -0000 Dennis@home wrote :
You do understand that the pension holidays were required by the
revenue. The funds were deemed to be overfunded and the revenue
required action to stop them being overfunded.

So? Shareholders and management got an unexpected bonus in good times
but weren't prepared to meet their moral obligation to employees when
things changed.

You do understand that the maximum level of contribution is fixed by the
revenue?

And who set that level with the revenue?

--
*INDECISION is the key to FLEXIBILITY *

Dave Plowman London SW
To e-mail, change noise into sound.