You BA people really crack me up.
To say that 20% of pilots in NAPS will leave if the pension is touched is just plain sh1te.
Where will you go? To all the other airlines that offer ridiculously large and unsustainable pensions?
I think you will find that NOT A SINGLE AIRLINE in the UK offers a final salary scheme for new joiners from day one anymore.
Add to that, wages are lower in just about every other airline in the UK than BA's wages.
You lot are just not facing the realities..... you need to meet BA in the middle. i.e much higher contributions from the employee to guarantee a final salary pension.
I expect to have to do something similar in my final salary scheme in the not too distant future..........unfortunate but true and perhaps realistic.
Don't kill the goose that laid the golden egg..............