08 Jan 2017, 19:36
08 Jan 2017, 19:53
08 Jan 2017, 19:55
09 Jan 2017, 06:01
nataddick wrote:I wish I had your optimism that RM will go beyond 10% - they have been one step ahead since 2008 and the CWU are playing catch-up. A saving of 7% on pensionable payroll of £2Billion equates to approximately £140M - up go to the profits, dividend and the share price !
09 Jan 2017, 07:40
09 Jan 2017, 08:02
RobertT wrote:I’d second that! Any changes to the proposals will probably be in the detail rather than the headline amounts. Although I do live in hope that an increase of the proposed employer contributions is possible. But 14-15% just dreaming.
09 Jan 2017, 08:12
09 Jan 2017, 10:47
09 Jan 2017, 20:00
nataddick wrote:There is a vague reference on various pages as follows:-
* The Company would continue to make a significant contribution to your pension. We would expect to pay around the same amount in pension contributions and National Insurance contributions in 2018-19 as we did in 2015-16.
09 Jan 2017, 20:02
banner wrote:Pension raiding plan, the company wants to reduce contributions to around 14-15%.
So they go for a stupid figure of 10% knowing it provokes a dispute. Negotiations take place and we must compromise and see it as a victory if we push them back a little and so we eventually settle for around 14-15%.
Royal mail get what they want and posties still lose a load of pension. Simple game theory.
09 Jan 2017, 22:50