GS Alpha
Quote "feel free to tell us how much of your pension you are going to lose if you retire at your current NRA rather than your new one?"
What your forgetting here is NAPs at present is very biased in your favour ( and could be said that fact alone means you have caused a far bigger part of the £2.1 Billion than I ), your saying that any future change has to take that into account, I say things are biased unfairly now and BAs original proposals were fairer than what's currently proposed.
Quote "BALPA have done a good job and managed to make it so that the percentage loss to pilots is closer to other workgroups."
Yes they have and therefore meaning I and the check in girls on 12K will have to effectively subsidise your pension by the continued bias.
M.Mouse
Your correct naturally as I forgot its 2/3 of the figure but the point I was making is at present the shorthaul Captains pensionable pay is NOT 80% of HIS salary its nearly 100% which is a far higher percentage currently than mine.
Abatement yes - 22% of basic pay reduced for my pension and I estimate 4-5% of yours.
Nobody is going to be better off I think all the staff knew that, they also suspected BA would try a sweetener to a certain group, they also knew who takes more from the scheme as a percentage relative to payments in caused by increments and promotions - they basically knew it was a biased scheme but happy so long as BA FUNDED IT!
Quote"The GMB and BASSA in particular are spinning this as if the pilots have walked off with a pot of gold at all other employees expense."
Well not exactly a pot of gold but otherwise correct!
Quote " It is entirely possible that the Trustees and the pension regulator will impose a solution should acceptance be rejected. Then it will be seen how this proposal was clearly the best negotiated settlement available."
Not really - the regulator will act based on available information and instruct the trustees to amend the scheme to remove the deficit considering equally the effect on employees collectively - i may well benifit from as things are now based on the information he and the trustees now have.
Quote "BASSA in particular are leading their members in collective suicide. The pitiful understanding of the facts of life over the pension alone, not helped by reams of half-truths and spin, is laughable if it wasn't going to lead to such disastrous consequences for their members."
Such as ? when you look at what a typical member will loose in retirement a few months out will be chicken feed, besides when your paid 12K a year if the company folds there's always McDonalds.