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Airtours pension

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Old 19th November 2000 | 14:27
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Dr Faustus
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Post Airtours pension

The Airtours pension scheme is giving cause for concern among Airtours pilots. A recent estimate stated that after 20 years as an Airtours pilot you will be lucky to have a pension of 25% of your final salary. And considering that the Airtours salary is one of the poorer ones, this is not good news for those concerned.
Are other companies schemes faring any better?
 
Old 19th November 2000 | 22:57
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astrocyte
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Dr F
How much goes into it? Is there any annual increase during payment? What is the widows pension?
 
Old 21st November 2000 | 13:18
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Dr Faustus
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astrocyte
Don't know, I don't work for them. Just passing on a gripe from one of their pilots.
 
Old 18th December 2000 | 11:45
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bat.man
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Money purchase; 10% employer contribution, 3% employee contribution
 
Old 20th December 2000 | 00:16
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OC41
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Lucky Nigels
If Ground Staff, Employer contibution is 3%.
 
Old 21st December 2000 | 07:58
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bat.man
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We are lucky! But the line engineer I had on the jumpseat the other day makes more than the captain and he gets 4 days on, 4 off. I get the legal 9 days off per month and get called out every standby. Maybe we should both re-train as engineers?
 

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