PPRuNe Forums - View Single Post - BA pension deficit £3.7bn....!
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Old 14th Dec 2009, 12:36
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Joetom
 
Join Date: Apr 2005
Location: UK
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Unions allowed pensions to be watered down in 2007, part of the deal was flying staff got a nice increase in their pensions, all ground staff accepted a very bad deal.

Now with so many different staff on different pension deals can only mean close all the old ones and try to maintain at least one pension deal.

Company 1, Unions 0.

Will have to be fixed by Apr 2011 at the latest, more like Jun 2010 will be the date.

Good luck to all the staff in the near future.
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