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Union warns over Royal Mail pensions

Royal Mail bosses were warned today that any unagreed pension changes will spark a national strike ballot, following the company’s announcement of a formal consultation.

The union’s deputy general secretary Terry Pullinger reminded the business that CWU already has a “robust policy commitment” to enact formal industrial action proceedings if members’ defined benefit (DB) pension scheme is closed without agreement.

Royal Mail’s decision to launch the statutory consultation had been “anticipated for some months,” Terry said, and added that, although the company had expressed the view, in this morning’s statement, that they want to close the DB scheme, “a final decision has not yet been made.

“So,” he continued: “We move from shadow boxing to the ring and negotiations will now begin in earnest, and the CWU is fully committed to developing an agreed solution which maintains the pension promise of a wage and dignity in retirement for all of its members. Both those in the current defined benefit and defined contribution schemes.

“However, any attempt to introduce any unagreed change by the business would be met with an industrial action ballot.”

Posted 4:15 PM Thursday January 5, 2017. Filed under News. You can follow any responses to this entry through the RSS 2.0. You can leave a response to this entry. Pinging is currently not allowed.

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