Correct yacht man. Future pensionable pay will only increase with RPI (allows the company to write off £400 mil) so year in year out if you get greater than RPI payrises your pensionable pay decreases. Do an excel spreadsheet and look at what happens to 100k in 20 years time if you get just .5% above RPI by way of a payrise. Then wonder why BA would not move on this variable in any way shape or form.
In the BALPA phone poll I put this at the top of my priorities, but I guess my fellow pilots did not, like plaque that clogs your arteries this is a silent killer of final salary pension
