PPRuNe Forums - View Single Post - BA pension and pay fiasco
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Old 15th Mar 2004, 09:26
  #10 (permalink)  
Anthony Carn

Nom de PPRuNe
 
Join Date: Jan 2004
Location: UK
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No one will accept a pay rise below R.P.I.
How about a big fat zero for me this year ?

.........no one will pay more into the pension scheme to pay for the inadequate company contributions during the Failing Ayling reign.
This would be a Final Salary scheme, which for many is protected from inflation. My outfit will probably close ours when they've dug it out of debt (thereby legally permitting closure). Waste of space anyway, with no inflation protection.


Once again we see a demonstration of the State Owned mentality which still permeates BA, despite the fact that the botomless taxpayer-fed pot was withdrawn years ago.

Get real.

Or go bust.

I don't care which.

Anthony Carn is offline