Mike Post, a trustee of the Airways Pension Scheme, has resigned over the decision to link members’ pensions payments to the consumer price index (CPI).
Trustees of the British Airway’s (BA) pensions scheme voted to switch from the retail price index (RPI) from April 2011.
The switch to CPI will mean BA pensioners will receive an increase of 3.1%, as opposed to a 4.6% annual increase from RPI.
Read more articles on linking pensions to the consumer price index (CPI)
Tynan Barton is a business journalist and has been writing in the employee benefits and HR field for over 15 years. She joined Employee Benefits in 2010 as reporter, and has been features editor since 2011.View full profile
