UK court rules against British Airways in pension increase case
By Lorlornyofm
Related Articles
The trial started in October last year.
On Friday the High Court ruled that the trustees’ decision to introduce the discretionary increase power in 2011 was valid, as was the decision to grant a 0.2% increase for 2013, effective 1 December 2013.
“We are naturally very pleased with the clarity brought by the Court’s decision,” said the APS trustees in a statement.
“We welcome the confirmation from the Court that we and our professional advisers acted appropriately in relation to those decisions.”
The scheme said it does not currently intend to make further public comment “given the complex nature of the proceedings”.
Source: TVC News
By Lorlornyofm
Write a comment
No Comments
View comments
Write a comment
LATEST STORIES
Recent Comments
-
Sammy the VIRUS
In my estimation,I believe the average man in his quest to satisfy his libido will stop at nothing to have…
-
Sammy the VIRUS
There is this maxim within our local circles that says a man who works at Barkleys bank does not collect…
-
Sammy the VIRUS
To think that such things can still happen in Ghana beats my imagination
Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.
Write a comment