PPRuNe Forums - View Single Post - BA/bmi merger (was Virgin & Balpa - bmi next ?)
Old 20th Apr 2012, 08:40
  #508 (permalink)  
FANS
 
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The legal positions of breaking the veil of a limited company, DB pension schemes and jurisdiction are not questions for these forums, as no one here is privy to the transaction details.

All we know is that a transaction has occurred whereby (in substance) BMI staff will transfer to BA and as a result some will lose their previously agreed pension rights.

In the meantime, we have spent 500+ posts debating seniority lists etc., which are in relative terms a zero sum game/cost for management, whilst the airlines have potentially cost BMI staff £85m!

This situation is fundamentally different to redundancy etc., which can and does unfortunately happen and is in line with an employee’s T&Cs.

We now have a situation, however, whereby through the actions of LH/BA/IAG, employees have lost their previously contracted obligations, and this requires addressing ASAP for the interests of all UK private sector employees in a DB scheme.
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