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NAPS pension shortfall

150 Comments

R
Richard Mavor
8 years ago

Worried of Yorkshire.

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Peter Cantwell
8 years ago

The current offer is very far short of being acceptable. BA is trying to snatch away the most valuable asset that many BA staff have, and replace it with trinkets.

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Erik layton
8 years ago

This proposal is very poor for most and totally unacceptable. Naps p2 especially will require a much much better offering .

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Nick Wade
8 years ago

You need to pay more, and be more imaginative BA.

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Emile Gaudion
8 years ago

BA need to improve their offer considerably. This is a massive cash windfall for BA

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Mike Garrett
8 years ago

Protect ACCRUED benefits i.e. Based on FINAL salary. Introduce a real industry leading DC scheme.

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Anonymous
8 years ago

Consider this form signed...disgraceful

M
Martin Cliff
8 years ago

BA, you're losing the maintenance of morale battle.

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Pete Lightbody
8 years ago

The present proposal to closed NAPS, and replace it with a DC is unacceptable since the present proposal falls far short of what is required. My key areas for concern are. The proposed company contribution is far to low, as is the cash lump sum offer. Pre 2007 NAPS should be linked to final salary...not CPI. There is insufficient time for member to make up the shortfall. Groups such as NAPS SFO will be unfairly worst off. The company is reducing benefits which are not linked to the deficit. There is no arrangement to salary sacfrafice into Instruments such as ISAs. As the proposal stands, it is unacceptable to myself.

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Anonymous
8 years ago

Use Tesco's approach - realistic fund growth and use the most recent UK CMI 2016 / ONS data (plateauing life expectancy shown) to reduce the liabilities that way, Apply ill health pension uplift to NAPS pension already built up, I didn't select NRA of 65 for no reason, it was linked to getting an ill health pension of half my remaining time to retirement. Breaking the bond of trust with the proposal.

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Ed Martin
8 years ago

So very sad. You have my full support.

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Marc Wells
8 years ago

The proposals fall way short of acceptable. It is rather insulting of BA to make such a substandard proposal in the name of shareholder benefit.

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Anonymous
8 years ago

Very poor. Must be improved.

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Andy Robinson
8 years ago

Fair deal for honest days work!

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Dave Smith
8 years ago

This offer falls so far short of what could even be considered reasonable. It is a blatant cash grab and smacks of opportunism by BA.

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Paul gunn
8 years ago

BA have decided that this is the perfect time to kill NAPS and save a huge sum moving forward. The offer is unacceptable.

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Stuart Ross
8 years ago

Ridiculously unacceptable, totally predictable. Be fair BA!!

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Jayne Deasy
8 years ago

The proposal is unacceptable on all counts. This is our deferred pay that BA wants to dramatically reduce.

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Guy Glaves
8 years ago

Totally unacceptable

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Gordon Kerr
8 years ago

Why is BA's biggest battle always with its loyal staff?