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BA pension deficit £3.7bn....!
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16th December 2009 | 12:11
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Walnut
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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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