FlyerTalk Forums - View Single Post - BA seeks to close NAPS pension scheme
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Old Sep 8, 2017, 7:40 am
  #31  
jonas123
 
Join Date: Jul 2012
Location: London
Posts: 489
Originally Posted by strichener
Whilst paying over £3.5bln into the pension since 2003 (although I cannot find the figures to back this up), BA have made an operating profit of over £8bln, there is plenty of money to contribute but as you say it is down to choices.
Contributions to the deficit are clearly reported in BA's annual reports. For example £573m in 2016 report, £302m the year before.

I think if I was sitting in NAPs right now, I'd want to close the scheme for future accrual! Might as well lock in the benefits now rather than risk the whole thing imploding
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