Pension Update

If you are a member of the ICL Group Pension Plan whether still contributing, deferred or drawing your pension, you should have received a letter inviting nominations for Member Nominated Directors (MNDs), commonly known as trustees.
The trustees have announced that they are reducing the size of the trustee board to six, of which two will be MNDs – either deferred members still in employment with Fujitsu or pensioner members. UNITE campaigns for pension funds to have at least 50% of the board made up of member nominated trustees.
In the past, the MNDs for this pension plan were elected by members, and more recently they were selected by a panel from the IPMC, which was itself elected by members. The trustees have decided that this time the selection of MNDs will be carried out by a panel comprising two trustees appointed by the company and the secretary to the trustees who is also a member of the pensions department. UNITE regards the removal of any mechanism for members to influence the selection of trustees as a retrograde step. This isn’t about the merits of the individuals on the panel, but about transparency and accountability.
If you have an interest in pensions and would be willing to be an MND, you need to submit your application by 28th October 2011. For details see the trustee announcement.
Contractual status and consultation for FJUK
The agreement reached on 3rd October which allowed industrial action in Manchester to be suspended includes some important points on pensions which should benefit employees right across the UK.
The company committed to making announcements by Monday 17th October to give contractual protection to members of the FJUK pension plan, and to establish a timetable for creating a consultation body for the FJUK plan. UNITE is working to try to ensure the company implements of these commitments and will keep you updated.
The actions due by Monday would mark significant steps forward, but would not fully resolve the issues. Further talks are due over the next few weeks to deal with the unresolved aspects.
Thanks to all the members who have already signed, collected signatures and returned the joint UNITE-PCS pensions petition – please send in any more as soon as possible – these issues are not yet resolved.

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 but members have voted by 92% to reject a company offer and renewed campaign plans are being made.

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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