Originally Posted by
Human Factor
A Captain retiring on pp24 after 30 years will in fact get a pension of 46% of his final "actual" basic salary on the current deal!!
Ah, but "basic" salary does not include allowances, therefore you are understating the % of real "basic" salary. Allowances regime has indeed changed significantly, but that does not make them now a part of that "basic" salary by any means!