BA pilots 'prepared to strike'?
Controversial, moi?
and those final salary pensions have been used as the justification for years of below inflation pay rises and salaries below market rates
Index linked final salary pensions for civil servants is a nice benefit, the fact that they are funded from current tax receipts with no investment to cover the current or future costs is an utter disgrace.
Gordon Brown has such a pension. He has systematically screwed the UK Pension funds and companies' ability to sustain FSS pensions.
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Bored now
This thread has been in R & N for almost a year now!
I, for one am fed up of reading that "BA pilots are prepared to strike" everytime I log on.
Chaps, if you're going to do it, kindly get on with it.
If there is no action, which appears to be the case, please, Mods, consign this thread to Terms of Endearment as you did with the BAConnect/Flybe thread.
I, for one am fed up of reading that "BA pilots are prepared to strike" everytime I log on.
Chaps, if you're going to do it, kindly get on with it.
If there is no action, which appears to be the case, please, Mods, consign this thread to Terms of Endearment as you did with the BAConnect/Flybe thread.
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Boris
I agree that this is dragging on, such is negotiation and industrial law.
In the meantime, may I suggest that you stop reading the thread and listen to the news. In the fullness of time you will be made aware of the conclusion of the negotiations in other media.
I agree that this is dragging on, such is negotiation and industrial law.
In the meantime, may I suggest that you stop reading the thread and listen to the news. In the fullness of time you will be made aware of the conclusion of the negotiations in other media.
harpic
Next time you are ill, I trust you will go private and not rely on the dreadful Public Sector nurses, like my wife, who work long hours for bugger all.
What Gordon Brown is doing is a disgrace but to use the 'one size fits all' for the Public Sector is crass. As an ex serviceman, my T&Cs were messed around with at will and I did not have the benefit of an association of federation to run and bleat to.
We may not generate wealth as you say but my wife and I both make/made a sgnificant contribution to this country over many years.
Good luck with your protestations, I wish you all well.
What Gordon Brown is doing is a disgrace but to use the 'one size fits all' for the Public Sector is crass. As an ex serviceman, my T&Cs were messed around with at will and I did not have the benefit of an association of federation to run and bleat to.
We may not generate wealth as you say but my wife and I both make/made a sgnificant contribution to this country over many years.
Good luck with your protestations, I wish you all well.
PPRuNe Person
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not rely on the dreadful Public Sector nurses
Boris - the point of keeping this thread at the top is that the discussions affect the employer with the leading terms in the industry. I figured this may be possibly be of interest to those pilots not employed by BA as we all work in the same marketplace. The only people who woul prefer this debate not to be happening are airline management, you're not one of those are you?
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overstress, boris is one of them according to topbunk so ignore his rant and if you read what topbunk has written to him is really good
People it is not important when the strike is what is important is BA wont get away with it and if they do the wider implications of this will be on all of us
People it is not important when the strike is what is important is BA wont get away with it and if they do the wider implications of this will be on all of us
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Not long to go now Boris, I assure you.
If you are a manager, kiss your job goodbye because, after the bitterness that your planned treatment of the ballot result causes, you will ultimately be out that door. The actions of the great majority of current BA flight ops "management" are no more than licensed bullying, and you are about to reap the consequences of the years of your dedicated scr*wing of us all.
You richly deserve it. It will take years to rebuild any trust whatsoever.
If you are a manager, kiss your job goodbye because, after the bitterness that your planned treatment of the ballot result causes, you will ultimately be out that door. The actions of the great majority of current BA flight ops "management" are no more than licensed bullying, and you are about to reap the consequences of the years of your dedicated scr*wing of us all.
You richly deserve it. It will take years to rebuild any trust whatsoever.
the lunatic fringe
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Yesterday there was a very interesting, if angry, post on this thread that has now been removed or deleted. From that post it took me 2 minutes on Google to identify Boris.
Boris is or was a non BA mainline airline manager.
That is of course if the original deleted post was correct.
Boris is or was a non BA mainline airline manager.
That is of course if the original deleted post was correct.
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This may be a little of track, but has and remains a big problem for private pensions in the UK, a mate from OZ mailed it to me, think its one of the UK daily newspapers Thur 7Dec.
...............................
Verdict on Brown.
Pensions
What he said: "Many pension funds are in substantial surplus and at present many companies are enjoying pension holidays, so this is the right time to undertake a long-needed reform. I propose to abolish tax credits paid to pension funds and companies." Budget 1997
What happened: The timing was appalling. The abolition of the tax credit, which generated £5 billion a year for the Treasury, coincided with the stock market peak in 1999 and subsequent fall in share prices. More than 60,000 occupational pension schemes have wound up or have begun the process of winding up since 1997.
Verdict: Not good. Mr Brown started off with one of the healthiest pensions systems in Europe and will most likely finish his Chancellorship next year with a growing divide between the pension "haves" (in the public sector) and the pension "have nots" (in the private sector).
...............................
Verdict on Brown.
Pensions
What he said: "Many pension funds are in substantial surplus and at present many companies are enjoying pension holidays, so this is the right time to undertake a long-needed reform. I propose to abolish tax credits paid to pension funds and companies." Budget 1997
What happened: The timing was appalling. The abolition of the tax credit, which generated £5 billion a year for the Treasury, coincided with the stock market peak in 1999 and subsequent fall in share prices. More than 60,000 occupational pension schemes have wound up or have begun the process of winding up since 1997.
Verdict: Not good. Mr Brown started off with one of the healthiest pensions systems in Europe and will most likely finish his Chancellorship next year with a growing divide between the pension "haves" (in the public sector) and the pension "have nots" (in the private sector).
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And indeed, Gordon Brown does not give a Tinker's Cuss for the loss of private pensions, a thing he abhors. A man nominally so smart can not be so dumb as to be blind to what he has done, leaving the inescapable conclusion that it is deliberate.
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Not long to go now Boris, I assure you.
If you are a manager, kiss your job goodbye because, after the bitterness that your planned treatment of the ballot result causes, you will ultimately be out that door. The actions of the great majority of current BA flight ops "management" are no more than licensed bullying, and you are about to reap the consequences of the years of your dedicated scr*wing of us all.
You richly deserve it. It will take years to rebuild any trust whatsoever.
If you are a manager, kiss your job goodbye because, after the bitterness that your planned treatment of the ballot result causes, you will ultimately be out that door. The actions of the great majority of current BA flight ops "management" are no more than licensed bullying, and you are about to reap the consequences of the years of your dedicated scr*wing of us all.
You richly deserve it. It will take years to rebuild any trust whatsoever.
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Not entirely sure the likes of Iva and Boris quite get it.
The reason there has been NO strike ballot yet ("all mouth etc.") is because as yet absolutely nothing has changed. There are some wooly proposals which will not be accepted, but nobody has laid a finger on our current pension.
The timing is very largely in the hands of the Irish one. All that is being stated here is that there is no lack of resolve on 'our' side. Because we strongly suspect there is no lack of determination on the 'other' side, the outcome looks depressingly predictable!
That's all.
Mmmmm. And what would the alternative be?? 
The reason there has been NO strike ballot yet ("all mouth etc.") is because as yet absolutely nothing has changed. There are some wooly proposals which will not be accepted, but nobody has laid a finger on our current pension.
The timing is very largely in the hands of the Irish one. All that is being stated here is that there is no lack of resolve on 'our' side. Because we strongly suspect there is no lack of determination on the 'other' side, the outcome looks depressingly predictable!
That's all.
Militant views get you nowhere.......
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Meanwhile Geoff Want recently took up (some of) his share options. Option price £0.00, sold at £4.83 and £1.57 sold at almost a fiver!
Now let me see
(£4.830 - £0.00) * 40,931 = £197,696 and
(£4.995 - £1.57) * 100,636 = £344,678
Nice little earner if you can get it.
But he does do a great job. Handled the "cross" issue so well! Had the staff (and the country in general) on his side with quotes like...
Mr Want said: 'We might.' But he added: 'We continually review our policy but on this particular occasion we see no reason to change it at this time.'
He deserves the odd £1/2million. But do the staff deserve their contracted pension?
Now let me see
(£4.830 - £0.00) * 40,931 = £197,696 and
(£4.995 - £1.57) * 100,636 = £344,678
Nice little earner if you can get it.
But he does do a great job. Handled the "cross" issue so well! Had the staff (and the country in general) on his side with quotes like...
Mr Want said: 'We might.' But he added: 'We continually review our policy but on this particular occasion we see no reason to change it at this time.'
He deserves the odd £1/2million. But do the staff deserve their contracted pension?
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Just found an investment site...
http://www.iii.co.uk/investment/deta...tn:BAY.L&it=le
Plan to join myself to back up the couple of (I presume) pilots posting. Could some others from here register and voice their objections to some of the rantings by investors "who know it all"?
http://www.iii.co.uk/investment/deta...tn:BAY.L&it=le
Plan to join myself to back up the couple of (I presume) pilots posting. Could some others from here register and voice their objections to some of the rantings by investors "who know it all"?