Originally Posted by
jimthewhiz
I wonder what impact this will have on staff relations?
Originally Posted by
ajeleonard
It's New Airways Pension Scheme, BA's defined benefit scheme which closed to new members in 2003. They are now proposing to close it to any further accruals for the staff still on it, although they will continue to fund it to pay out existing obligations. All staff would from now on have their employer contribution go into the defined contribution scheme.
I'm predicting it won't have a massive impact on staff relations.