PPRuNe Forums - View Single Post - British airways pension to close.
View Single Post
Old 10th September 2017 | 11:07
  #31 (permalink)  
bad bear
25 Anniversary
 
Joined: Nov 2000
Posts: 514
Likes: 0
From: uk
When the pension was closed to new entrants it was a certainty that the pension would close to further accrual as soon as the "new entrants" became more than 50% of the work force, it was only a matter of time. A package with an improved pension provision for the new entrants would sway any vote against retaining the final salary scheme. Even if people had tried to head this off 20 years ago they would not have been likely to succeeded. Final salary schemes were great for the generation before but sadly not likely to be around for future generations, except perhaps politicians?
bad bear is offline  
Reply