BAA Pension Scheme posts funding improvement after discount rate rise

Heathrow Airport scheme deficit now stands at £99m, down from £128m at end of 2023

Jonathan Stapleton
clock • 1 min read
Heathrow Airport. Credit: iStock
Image:

Heathrow Airport. Credit: iStock

Heathrow Airport has published its final results for the year ended 31 December 2024 – unveiling an IAS 19 deficit of £99m.

The airport company said its defined benefit (DB) scheme – the BAA Pension Scheme – had seen its funding improve from 95.6% at the end of 2023 to 96.2% at the end of last year, seeing its deficit f...

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