Former BA trustees vow court battle over move to CPI
Mike Post, a former BA Airways Pension Scheme (APS) trustee, who resigned in April over trustees' decision to switch to consumer price index inflation (CPI), said it was “100% likely” the scheme’s decision to use CPI would end up before a judge.
He criticised current APS trustee chairman Paul Spencer for failing to take the inflation decision before a judge, and said hostile legal action was on the table to reverse the CPI switch.
“Ultimately we will end up in court, we will take them to court,”
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