British Airways to close defined benefits pension scheme
British Airways proposed the closure of a major pension scheme on Thursday, angering trade unions representing some workers who have already been on strike this year in a continuing dispute over pay.British Airways, owned by International Consolidated Airlines Group,said it had to address "the significant and growing funding deficit faced by the New Airways Pension Scheme (NAPS)", and that under new proposals it would close the scheme."We will be proposing new pension arrangements that will impr
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