PPRuNe Forums - View Single Post - BA pension deficit £3.7bn....!
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Old 16th December 2009 | 12:11
  #45 (permalink)  
Walnut
 
Joined: Jan 2006
Posts: 270
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From: Cyprus
A report in the Telegraph
Pilots at British Airways move millions out of company pension - Telegraph

If this is true?? then those on the inside must indeed be worried. As the scheme is in deficit, in the case of NAPS about 45%, then the trustees are required to reduce the capital sum of the withdrawal by a proportional amount. This is a huge hit to take.
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