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Re: Nuclear winter of discontent?
Hi Andrew = what becomes painfully obvious the more one looks into this is that the proposals have very little to do with the cost of pensions across the NDA estate (which are falling and will fall significantly in the future) or the funding position of either of the schemes subject to this consultation (there is no issue with their funding levels). It's very hard to escape the conclusion that this is about achieving an arbitrary level of savings agreed between the NDA, HM Treasury and ministers and has nothing to do with the stated aims of fairness, affordability or sustainability.