BA seeks to close main pension scheme

BA seeks to close main pension scheme .

British Airways has announced proposals to close its main defined-benefit pension scheme in an effort to tackle what it says is a “significant and growing funding deficit”.

BA said that if the plans went ahead, employees would no longer be able to make further payments into its New Airways Pension Scheme (NAPS). BBC News

http://www.bbc.com/news/business-41193122