AUA ex-staff demanding 50m in pension cash

Around 200 former pilots and flight staff from the Austrian Airlines AUA  are  threatening legal action in order to get their share of the company’s pension fund paid out in advance.

Unless the firm agrees to settle it is looking likely that the first legal case over the demand will take place in February.

According to the lawyer  Roland Gerlach representing some of the affected  former staff they should have been paid by the 30th of June of last year.

He said that the total amount being demanded by the former staff is around 50 million. With regards to current staff they have also launched a separate challenge over the new pension system introduced by the company.

Some 117 Pilots and 220 flight staff  refused to accept the new terms and conditions imposed after the merger with AUA’s daughter company Tyrolean and resigned.

AUA from its side said that they had paid already over the odds compensation payments of the staff decided not to stay on and for them the matter was settled .