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Old 7th June 2006 | 15:55
  #739 (permalink)  
sikeano
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From: Devon
52049er i reckon you read the report wrong

"BA are being very forceful in trying to change the terms of their pension scheme," said Brendan Gold, national officer for the Transport & General Workers' Union. "It doesn't help when we see these vast inflated sums paid to directors - especially a chief executive who was only there for five years. In fact, quite the opposite."

furthermore

"BA has warned staff that it needs to make sweeping changes to tackle a £2bn black hole in its pension fund. Its proposals include raising its retirement age from 55 to 60 for pilots and to 65 for cabin crew.

A BA spokeswoman said Sir Rod's pension arrangements were contractually agreed when he joined the airline and were "considered appropriate" in comparison with executives elsewhere.


see what i mean geezer works for couple of years sacked a lot of staff he gets a 100 grand a year in pension whilst poor pilots worked all thier life contributed to the fund only to be told " er can you wait five more years"

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