BA got 2.5% for 2004 backdated to October 2003, plus 1/2 weeks basic as a cash payment.
Jan 05 they get RPI which was 3.3% on 1st October 2004 plus a further weeks basic as a cash payment (payed in October 2005)
Jan 06 RPI as at October 2005 plus a further weeks basic as a cash payment (payed in October 2006)
The cash payments do not accrue on to your basic pay nor are they pensionable, they are also underpinned to a minimum of £1000.
Confused?
Me too.
