PPRuNe Forums - View Single Post - IAG: BA restructuring may cost 12,000 jobs
Old 31st Jan 2022, 12:04
  #2071 (permalink)  
balpalover69
 
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Originally Posted by HOVIS
Just give it a year, there's a clause in the Pension scheme that expires in March next year. To take advantage of transferring the BAPP savings into NAPS AVCs and taking it as part of the tax free lump sum element, anyone who hasn't reached their NRD will need to leave BA.
The demographic in some departments is heavily weighted to p1ssed off over 55s who may well want to take advantage of this.
Please can you explain in PP34?
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