Cripple et al
The 'pensionable' amount in BA is actually 80% of basic
AFAIK.
This came about in the restructuring we did in 2003.
Within NAPS (FSS) all pilots who retire from the same paypoint in the same seat will have the same pensionable pay, as I said set at 80% of the longhaul pilots basic pay. It just so happened to work out that if you retired with a 2/3 pension you would then be entitled to the max pension the government (then) allowed. Things have obviously changed with the pension cap etc.
As to what will happen within BA for new joiners, well the FSS has been lost to them, will the pensionable pay still be 80% of the LH equivalent pay, or 80% of your own pay or some other number? Will the company contributions be increased? Yet to be decided.