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by ivolimmen 1380 days ago
They have a payment obligation. Required by pension law. Employers are kept up to date by their pension funds (are required by law). Employers are always kept in the loop how their pension is doing and are offered the ability to add to it. There is even a limit into what you can add to it. We also have a pension that is paid by the government. So in the end you get a sum: monthly income = government pension + company pension + personal pension (if you want one)
1 comments

> They have a payment obligation.

How can you obligate someone to pay in enough to cover inflation, at an unknown level?

Everyone at the time thought BA would be able to cover their pensions - but you can’t predict these things for certain.