Unions are angry at “railroaded” closure of final salary pension scheme

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The NUJ and Bectu are balloting their members at Associated Press following the press agency’s decision to close its final salary pension scheme.

The US-owned news agency is now offering an inadequate defined contribution scheme in its place. NUJ and Bectu are campaigning for a fair and decent pension provision for all.

A statement from NUJ officials Laura Davison and David Ayrton said: “The company is not carrying out a meaningful consultation, allowing time to reach an agreement. Instead it is attempting to railroad through its proposals without listening to staff.”

The unions’ members will suffer significantly under the proposed pension changes.

The ballot for industrial action will close on June 1, 2012.  The unions remain committed to reaching a settlement to the dispute and have said they are prepared to attend ACAS, the arbitration and conciliation service, to settle the matter.


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