Agree, and thanks for taking the time to have a closer look at the issue.
I don't think any consultant is wanting to be unreasonable.
If we want to go as far as what should be equitable and fair, 35% pay increase today would put us back on terms with 2007, and I don't recall many people saying that consultants in 2007 were being paid extortionate salaries, but as you and others have correctly pointed out, such an increase would ruin many consultants due to the current pension tax situation.
Inflation linked payrises from now on, or, at least adhering to the DDRB recommendations, plus fixing the pensions would be entirely acceptable to most consultants I expect.
The senior judiciary had the exact same pension problem, and, it got sorted, removed from the tax rules that cause the unpredictable, punitive, unaffordable and unfair tax bills.
No consultant is asking for a tax free pension, but it could either be payed for by deductions from gross salary i.e. tax paid up front, or upon drawing the pension. Linking the LTA to inflation would help as well, in order that the total maximum value doesn't decrease by 10% per year.
The issue is, there are a limited number of reasons that strike action can be legitimately undertaken - we could for example go for strike action over deforestation in Brazil, but the real terms salary drop is a quantifiably big negotiating stick, that we can threaten to strike over, in order to get what we really want, which is a secure pension that isn't being constantly devalued, and that doesn't have the perpetual shadow of an unaffordable tax bill hanging over us.