I've entered the working world when jobs for life were gone, getting on the property ladder without a significant inheritance - which I never had - impossible, and defined benefits pensions no longer available. In other words, I'm on BARP, the defined contribution pension scheme of BA.
Maria Da Cunha's email mentions NAPS deficits that can only be described as Greek. Frankly, I don't see any other way but to shut it down and freeze it to future contributions. The youngest NAPS subscriber will nonetheless get a pension that is double the one of any defined benefit chap anyway...