BA mulls increasing proposed contribution as scheme deficit soars

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BRITISH Airways may contribute more to its pension fund than the £500m proposed earlier this year after its actuarial deficit topped £2.1bn.

The actuarial valuation for the New Airways Pension Scheme, which is calculated every three years, rose from £928m in March 2003 to an unexpected £2.1bn despite a doubling of contributions and a re...

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