APS (Airways Pension Scheme)was the first setup of the pension scheme then it was reformed and the majority of members in BA at the moment are in NAPS (New Airways Pension Scheme). However NAPS has been closed to new joiners for the last 4 years or so (correct me if I'm wrong).
NAPS/APS are final salary pensions.
Any new joiners (4yrs ago till now) will be on BARP, which is a Defined Benefit Scheme. Ai the employer and employee pay a percentage of pensionable pay into a fund.
I'm in this scheme and as predicted before there is a significant reduction in forecast pension projections when you compare it with APS/NAPS.
It's the way it is....But people stare themselves blind at those individuals in BA that have been there a long time. (good for them, I won't get bitter and twisted over it)
BA is a completely different animal these days, directed by the wishes of shareholders who require wealth creation / dividence