BALPA members will have heard by now that the bmi pension fund has collapsed. I would like to know what action was taken by the BALPA secretariat, the bmi company council and the membership within the company during the last 10 years in an attempt to stave off this catastrophe. The precipitous decline in the pension scheme funding position was both predictable and transparent, but pensioners like me were totally reliant on others to protect our interests. For example, a pilot pensioner is barred from standing for election as a trustee unless he/she holds a current professional pilot's licence, due to a BALPA imposed restriction in the trust deed. Also, pilot pensioners were not kept informed at any time of the pension funding situation from a BALPA perspective, all communication being distributed by the Chairman of the Board of Trustees.
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