PPRuNe Forums - View Single Post - British Airways vs. BASSA (current Airline Staff Only)
Old 31st Aug 2010, 19:40
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Rover90
 
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Duncan's Pension

Duncan made the comment:

and my pension which is nothing like £27,000 (unfortunately). There are plenty more lies too
There is absolutely no dispute that his pensionable pay when he "left" BA was £43000. If you look at a contemporary still on a full time contract who has done possibly 35 years and made normal decisions throughout their career, their pension entitlement would be 35/52 of £43000 if they had stayed in APS, the old and much revered Airways Pension Scheme and not converted to NAPS for a lump sum payment in the 80's .

That is a pension of approx £28000 pa

That could also be less but that would mean that one had taken an equivalent 25% tax free lump sum on "retirement" that reduced the annual payment.

Any pension could be in APS with unlimited inflation protection for life.

With that in mind, is anybody surprised Duncan tendered his resignation before the disciplinary procedure terminated his contract that would merely return his pension contributions.

Always like to add a bit of fact when I can.
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