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Postal unions push through attack on pensions

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merson01
Posts: 213
Joined: 19 Oct 2007, 19:42

Postal unions push through attack on pensions

Post by merson01 »

Postal unions push through attack on pensions
By Keith Lee
1 April 2008
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UK postal workers are currently voting on pension reforms demanded by Royal Mail. Both the Communication Workers Union (CWU) and Unite, which represents postal managers, are balloting their members following the end of the company’s consultation period.

Royal Mail’s demands amount to legalised robbery. It wants to close the current final salary pension scheme with defined benefits from April 1 and transfer existing and new staff to a scheme linked to “career averageâ€