FlyerTalk Forums - View Single Post - Bmi pensions to be cut after sale to BA
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Old Apr 19, 2012, 2:12 pm
  #13  
lizban
 
Join Date: Jun 2008
Posts: 851
Originally Posted by flygod
It is a disgrace.

Pure and simple.

A massive company finds the cash to fulfill its obligations to Sir MB to buy out his remaining stake in BMI and then years later cannot make sure the staff get the full pensions they have worked for and been promised.

And it lets the UK - pensioners and taxpayers. that is US, who fund the pension protection fund - pick up the tab.

As my old Dad used to say when he heard news like this from Germany: I got this RAF tie for bombing Nazi b*st*rds, and I obviously missed a few.

(I was going to say just: bombing the b*'s, but he used the word Nazi to mean bad Germans.)

There are many many good Germans. They obviously just don't run LH.
Nice rant before I comment do we actually know what they are suggesting?

What I've read implies an cessation of benefits on completion - managed by the PPF funded by LH.
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