Have to agree with Jind.
I cannot quote the numbers, as I am not in BA. However, does anyone disagree with me when I say that from what has been said, guys with 20 to 25 years with the company can expect a pension of GBP60,000 per year at the age of 55? This is what most people aspire to as a professional as their peak earnings, let alone pension. Well that's better than the greedy b*stard MPs voted for themselves and funded by taxes. How on earth can this be funded?
I am not a slagger of BA. Well done if you get that. I did 18 years in the RAF and will get about 10,000 a year from age 55, cast-iron and guaranteed by the Treasury. But for the majority of the industry, 60,000 would be a pay rise or parity on retirement. I wish I'd done worse at school and followed the smarmy git who got chopped at FNT and lucked onto the 747-400 fleet back in '88. He's still a co-pilot, but like the Murphy's, I'm not bitter.