So, basically TfL have concluded that if they are to reform the pension scheme the only viable option is to move it into the LGPS (Local Government Pension Scheme).
However, at this stage TfL are not committing to that and still consider "do nothing" to be a viable option.
The Mexican standoff continues
I wonder if TFL are now simply playing for time, try and stall this out as long as possible, in the hope that something else changes.
I’m not sure what that something else might be though. Johnson and Shapps are now gone, which is probably a good thing as they were the ring-leaders of all this for sure. Sunak doesn’t seem to have the pathological hatred of TFL that those two did, so will the government now be prepared to quietly drop this providing it can be done without losing too much face?
But I’m not sure TFL would be able to hold out until the next general election happens, as that’s a good year to year-and-a-half away, and with a government who are probably resigned to losing anyway.
As you say, a right Mexican stand-off, with TFL’s staff caught in the middle essentially as collateral damage. I guess the immediate question is whether the unions decide to do more strikes in the absence of anything formal being announced. It has to be remembered the strikes, especially with ASLEF, aren’t just about pensions.
I suspect it will probably, eventually, end up being “do nothing”, simply because there are far more pressing and salient issues for both sides to be getting on with, and it’s well known this one is political / ideological rather than motivated by much pragmatic reasoning. The question is how much disruption and heartache has to be endured to reach that point? Also whether the price for “do nothing” on pensions is a much greater expectation of other reforms, in particular train crew rostering and such like. TFL not a happy ship at the moment, that’s for sure.