Originally Posted by
Jumbodriver
It got caught up in other things yesterday but BAs pension recovery plan has been agreed by ALL unions (including Unite) in BA. No closure, just lower accrual or increased employee contributions.
So, No he's not after our pensions at all. Sorry about that. He wont be CEO for the next valuation, so that chance has been missed.
So notwithstanding that the Trustees might not agree with this rescue package ,surely you'll have to be balloted on this contractual change?
I suppose it's just another pay cut after all.