Pensions Updates

Late on Tuesday, shortly before UNITE members in England, Scotland and Wales were due to strike again, the company told the Pensions Forum (IPMC and UNITE) that it would extend consultation over the pensions changes until Friday 5th March 2010.
This is a very welcome development, removing one of the two deadlines employees faced this week, and allowing more time to try to find an acceptable outcome.
However, the company has also suggested that (despite this being communicated to plan members) it doesn’t intend the 5% pay rise for ICL DB members that they put forward at the Pensions Forum meeting on 6th January to really be compensation for loss of benefit. The company wants to make the pay rise conditional on members “voluntarily” accepting the change, presumably in the hope that this would make it harder for people to take legal action over their loss. The company sees this as an “incentive”, but employees will no doubt see it more as a stick than a carrot.
Nonetheless, the 5% is still an important step forward, and a starting point for discussions about a more realistic solution.
Minutes of the Pensions Forum meetings can be found on the IPMC community on CafeVIK.

Posted in news

Unite members across Fujitsu Services Limited in the UK have been taking industrial as part of their dispute over jobs, union recognition, pay and pensions. Action from 28 February has included 15 days of strikes and ongoing action short of strike.

INDUSTRIAL ACTION IS CURRENTLY SUSPENDED while members consider an offer from Fujitsu.

The national dispute follows the resolution of a local dispute in Manchester which included 12 strike days.

Further information is available here including events, pickets, a downloadable appeal for support leaflet and how to donate to our strike fund.

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