brianthegiant
Member
- Joined
- 12 May 2010
- Messages
- 588
Another argument on the union side that I read somewhere in the press but I don't think anyone mentioned here is to do with demographics. At present the railway is expanding, and presumably numbers of employees have increased in recent years. Hence the ratio of employees to retirees (is that a word?) is high. So at the moment the pot looks healthy but there needs to be some contingency to hedge against the risk that in the future the railway might go through a period of contraction again, reducing the number of people paying in. Though I'm not 100% clear if there aren't other checks in place for this risk factor?