PPRuNe Forums - View Single Post - BA pension deficit £3.7bn....!
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Old 15th Dec 2009, 09:46
  #31 (permalink)  
Mr Optimistic
 
Join Date: Jun 2009
Location: Bedford, UK
Age: 70
Posts: 1,319
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Pension figures

Can't see the £1.8M accrual being right. Notional calculations of funding levels typically work at 5% (nice work if you can get it). £1.8M implies an annual pension of £90k, which at two thirds of earnings means current salary of about £130k. If these numbers are in fact right it explains a lot of BA's problems, pension and otherwise.
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