We recognise that normal retirement age was a sticking point and we have put forward an option that allows staff to retire at 60," said BA's chief financial officer Keith Williams.
"Staff can still choose not to pay any extra but it will mean working longer to get the same pension."
For ground staff, contributions would rise from 5.25% to 10% and for air crew from 6.5% to 11.25%. After five years, the rates would be harmonised at 10% for all staff.
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The above is a quote made today......
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Question....If BA say these new % are required to keep the same NRD for members of staff, why would rate be harmonised after 5 years to the same level of 10% ???, I can't see how these numbers have been made up???
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I would like to know what % of staff pay would BA accept to leave NAPs alone, this would make it very simple for all staff to understand just how big these changes are!!!
