PPRuNe Forums - View Single Post - Any Airlines still offer a final salary pension to new joiners?
Old 8th Dec 2006, 09:48
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ICING AOA
 
Join Date: Mar 2006
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Probably Air France.
air france uses a national pension scheme which has to be used by all french airlines so their aircrew give every month a percentage of their salary to this scheme, and once they are retired, they get their pension from it.

LITTLE PROB : Air France has killed all french airlines, in order to get the monopoly ... so now, this national pension scheme is about to be very short of money, because only air france crew are still alive !!! In about 20 years time, this scheme wont be able to pay the individual retirements then

The french equivalent of BALPA (=SNPL) has been complaining a lot about this red warning ! so now bloody french politics have found out a solution to this problem : " all companies having a base on the french territory for their crew, will have to use french contracts "-----> in other words, easyJet crew based at Paris, Ryanair crew based at Marseille, etc, etc, will all have to sign a contract under french law, and they will have to pay for this national scheme in order to help their air france collegues to have a nice retirements pension scheme

Made in (Air) France.
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