UK - The three BA trustees who quit their roles over the move to CPI indexation have pledged to fight their corner until the remaining board members relent.
The three BA trustees who quit their roles over the move to CPI indexation have pledged to fight their corner until the remaining board members relent.
Public sector unions have launched a legal challenge over the government's decision to adopt Consumer Prices Index inflation to uprate pensions - the second bid in as many months.
UK - Switching pension uprating to Consumer Prices Index is the biggest "raid" on pensions since the change to scheme corporation tax arrangements in 1997, a trade union says.
Switching pension uprating to Consumer Prices Index is the biggest "raid" on pensions since the change to scheme corporation tax arrangements in 1997, a trade union says.
Dear Editor, Further to your article on the resignation of three BA scheme trustees - APS trustees quit blaming ‘on the hoof' DWP policy, (PP, 21 April) - I wanted to set out the dilemma I faced as trustee.
The Association of British Airways Pensioners has called a meeting for members of the New Airways Pension Scheme over the RPI to CPI switch.
Public sector organisations have launched a judicial review against the government's decision to uprate pensions in line with CPI rather than RPI.
Agreeing hikes to local government contribution rates by June is an "extremely optimistic" timeframe, union leaders say, throwing into doubt the Treasury's summer deadline.