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I re iterate the above even simpler No agreement has been reached GM I don't agree with your figures Sorry but the figures look like they have been manipulated, and released in drips and drabs and as a whole at best unreliable. I don't want States members to make a decision on flawed figures, but I don't want an expensive independent investigation either. I wonder what the handling costs for the pension are? and would this go up for a more complex scheme? I also wonder how much and what the pension pot is invested in. (No risk in the portfolio I assume) Is it being invested on island projects or what? Remember the employees have no say as it is not our pot. What formulas are being applied to the pots sustainability and is there any others that could or should be? If employees are being asked to take on any liability for the pot, what say will we have in the running. Buy into a going concern with unclear or undefined liabilities as a sleeping partner. “Waiter cheque please”
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