.....a BA-style index-linked pension..................
My BA NAPS pension is not index linked.
On the subject of creating wealth, some pilots retiring now spent the 1970s on Shuttle standby, some of the 1980s as stewards and didn't get commands till the late 1990s, yet they draw a final salary pension - just when have they created much wealth?
Shuttle back up was indeed a disgrace but was open only to the senior few, pilots working as stewards was relatively short lived, the issue of command is irrelevant. The FSS pension IS part of my remuneration package, BA touch it at their peril.
Yes, you will be getting a effective wage cut - because of your pension arrangements, you are currently uncompetitive, that's the whole point.
Touching my pension will not make us competitive. BA makes money despite itself and its management.
Airbus Unplugged
You amaze me - in your position, how can you be so resentful? Rightly or wrongly, 99% of pilots outside BA want your job. Why not leave and go and be happy somewhere else?
Have to agree there.
By the way I have relatively few years to go but I WILL strike over the issue. Funny how it is overlooked that to get around Robber Brown's pension CAP the last BA remuneration report declared that senior management are to receive bonuses paid in shares of between 150 and 200%. And they want my pension!
Times have changed in BA I used to work around 450 hours a year in the 80s. This past 12 months I have done over 800.
Touch my pension and I will go on strike, probably the only issue over which I would.