TopBunk
Thanks for the clarification. I just wanted to reply to Nigel On Draft's query as to what the new joiners had been told by the company.
I had thought that the Pensionable pay may have come from the Pension Cap vs Top Captains's increment. This 80% therefore makes sense for a final salary scheme. However, as you say, with the pension cap changes and also the fact that in a defined contribution scheme you want to save as much as possible as you are not necessarily going to reach the cap, I don't see the need to define a lower pensionable salary.
The figure quoted as pensionable pay on my contract is exactly 75% of the Year 1 F/O basic pay (which I believe is the same on all fleets). There is no mention of whether this will change with seniority/fleet etc. New joiners are part of the BA Retirement Plan (BARP) which is totally separate from NAPS etc
As to the final outcome.. we shall wait and see. I've already signed up anyway!