BACON PENSION
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Join Date: Mar 2000
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BACON PENSION
I've never been so happy to be away from an airline, wish I'd done it earlier, but that's the way it is. However, having read all the news and views on BA Pensions and possible strikes, etc etc, I just wonder what the BALPA and other views are on the BACON pension? I have left my pension frozen with them, mainly because the peanlties for withdrawing it are too horrendous. It has a peanuts deficit in BA terms, but the Company are showing no signs (as usual) of doing anything at all.
If they run true to form, I guess the next thing will be the announcement it's closed, and tough luck.
I think BALPA should be laying down the law the same way they are with Mainline - or are they just an organisation for BA line guys? I'd be interested to hear views, as long as they don't degenerate into a management friendly slagging match ....
What about the BACON pension then - it affects an awful lot of people!
Now, back to pre-study for my Emb 195 course!
If they run true to form, I guess the next thing will be the announcement it's closed, and tough luck.
I think BALPA should be laying down the law the same way they are with Mainline - or are they just an organisation for BA line guys? I'd be interested to hear views, as long as they don't degenerate into a management friendly slagging match ....
What about the BACON pension then - it affects an awful lot of people!
Now, back to pre-study for my Emb 195 course!
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Firstly Little Prince, you need to get your facts right. The title of your post should read ''BRAL pension'' and if anyone is to blame for the hole it should be the long-gone heads of British Regional and Manx Airlines. The pension scheme you refer to is the old British Regional Airlines final salary scheme which was closed to new members when BA Citiexpress was formed back in 2002 and I believe is several million pounds in the red. The pension scheme that is in place at BA Connect is the old Brymon Airways 'with profits' plan and has been in place since 2002.
Good luck with the Emb-195 course, if they get them!
Good luck with the Emb-195 course, if they get them!
Join Date: Apr 2005
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BALPA.........are they just an organisation for BA line guys?
The proletariat aren't supposed to notice such things!
Just pay your 1% and don't make a fuss, there's a good sheep...sorry, chap.
As for your pension, use it or lose it. And when you lose it, thank the Government for killing private pensions in the UK, allowing the State Pension to wither on the vine and making us all (except, interestingly, Members of Parliament and Public Sector workers with a powerful Union which fights for it's members) dependent upon them for a breadline existance in retirement.
