New Airways Pension Scheme to reach full funding four years early
British Airways (BA) has pledged an extra £150m in annual deficit recovery contributions (DRCs) to the New Airways Pension Scheme (NAPS) over the next four years.
Agreeing the scheme's latest triennial valuation, dated 31 March 2018, BA now plans for the scheme to reach a fully funded position on a technical provisions basis by 2023, four years earlier than previously...
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