British Airways to close New Airways Pension Scheme to future accrual

clock • 2 min read

British Airways is set to close the New Airways Pension Scheme to future accrual and launch a flexible benefits scheme incorporating a new defined contribution pension scheme.

The airline said the move comes after consultation with the airline's trade unions and employees. The new scheme will open on 1 April 2018 and replace the airline's main UK defined benefit schem...

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