Hi first time posting re pension: company tells us DB pension in the red. No details as to how much in the you know what but early in the year it requested a 'holiday' and asked us to put in extra 5%.We did! They said they'd put a 'considerable' sum in also. They didn't! Now they say they want 10% wage cut and to halve our pension on retirement. As it is, pension is two thirds of what they call 'pensionable' salary - which is far less than actual salary. They are very tight lipped and have admitted 'a very serious shortfall in fund': looks like they may wind it up. Are we powerless? Are my contributions over the past 30 years gone forever? Can I do anything about it? Thanks in advance.