Originally Posted by TURIN
"I've worked out my losses. If BA close NAPS I have got about 15 years in which I will need to find £20000 per year to fund my pension up to the level I was promised. An impossible task on my current wage."
If that is the case, that shows you how unsustainable yours and others pensions are unsustainable. I had my final salary pension closed and then put into PPF with Monarch.
Your pension will be frozen and believe me, will be worth a guaranteed amount which would eclipse my BARP pension, which by the way isn't a guarenteed amount like NAPS.
Just done the sums again, its £300000 not £200000.
BA is making record profits. The directors of IAG and BA are paying themselves huge salaries.
In the meantime, they are plundering the airline and it's employees for more and more cost savings.
It NEVER stops.
The greed stinks!
