FlyerTalk Forums - View Single Post - BA seeks to close NAPS pension scheme
View Single Post
Old Sep 9, 2017, 2:58 am
  #39  
strichener
 
Join Date: Nov 2014
Posts: 935
Originally Posted by moral_low_ground
BA are way late in closing this so the people who are still in it should not go on strike but be immensely grateful BA have kept this going as long as they have (one of my ex employers shut theirs 20 years ago).All this talk of a strike regarding this would be short sighted; BA do after all have to be around to pay the liabilities.
BA already made major changes (with member approval) to the scheme 10 years ago when they:
  • Increased the pension age
  • lowered the accrual rate
  • Capped pensionable pay
  • Lowered the cap on pension growth


Staff have every right to look at taking action on these further changes. What other companies have already done is completely irrelevant and no-one should be "immensely grateful" to an employer that meets their contractual obligations.
strichener is offline