Diamond Dog
There are two pension schemes in BA. The NAPS pension scheme is in deficit but not the APS one and those that have retired up to recently are probably all in the APS scheme. It is the "younger" employees that are in the NAPS that will be in trouble.
A couple of years ago BA tried to manouvre APS scheme to amalgamate with the NAPS scheme and we werent having any of it and didnt do so. Thats why the ABAP was formed to fight the proposal.