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Forum: Terms and Endearment

11th Sep 2017, 21:48

Replies: 154

British airways pension to close.

Views: 86,359

Posted By The Mixmaster

NAPS is/was still a DB scheme no? APS is long...

NAPS is/was still a DB scheme no? APS is long gone. Seems like company have successfully played the divide and conquer Card in BA via pension. Up to your Union representatives to not allow pay rises...

Forum: Terms and Endearment

11th Sep 2017, 21:29

Replies: 154

British airways pension to close.

Views: 86,359

Posted By The Mixmaster

At same time Jet II, in this instance you have a...

At same time Jet II, in this instance you have a company which announced 2 billion plus profits last year and cash reserves many multiples of that, closing a DB scheme which although in deficit is...

Forum: Terms and Endearment

11th Sep 2017, 19:35

Replies: 154

British airways pension to close.

Views: 86,359

Posted By The Mixmaster

Actually a defined benefit pension is...

Actually a defined benefit pension is administered by Trustee's and it is they who hold the responsibility for day to day running of such a pension. DB pension law states that deficit is addressed...

Forum: Terms and Endearment

11th Sep 2017, 19:23

Replies: 154

British airways pension to close.

Views: 86,359

Posted By The Mixmaster

So having no pension is due to buying iPhones...

So having no pension is due to buying iPhones rather than management's relentless cost cutting?:ugh:

Forum: Terms and Endearment

11th Sep 2017, 08:35

Replies: 154

British airways pension to close.

Views: 86,359

Posted By The Mixmaster

The truth is all IAG care about is shareholder...

The truth is all IAG care about is shareholder value and increasing profit as they have done every year. Cost cutting is a big part of this and labour cost is always in their headlights. Have all...

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