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Old 16th Sep 2017, 08:30
  #69 (permalink)  
englishrob
 
Join Date: Aug 2009
Location: Heathrow
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First thing, I am not flight crew.
By my reckoning, when/if NAPS closes, I stand to lose a minimum of 68k over my lifetime if I live to an estimated age of 85.
That would be the difference if I took my pension out now at age 55 and if I left it to mature at 65.

I may be wrong but wasn't there a time when BA took a pensions "holiday" and made no contributions?
Wasn't the switch to NAPS2 and the Plan 60 and 65 supposed to secure this pension?

I also think that there is an ulterior motive to getting rid of NAPS. With the pension burden removed, it will be easier for BA to outsource ground services and other sections.
Unfortunately this has already started
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