As Previously reported there will be a pensions / review of competition briefing on 19/20 Jan
After Consultation it seems unions policies going forward are
Final Salary scheme should be maintained
Retirements age temporarily risen to 62 (until 2011 and end of RM business plan)
1% increase in members contributions (about £3 after tax reliefs)
This policy is being proposed jointly by CWU and UNITE CMA (managers union)
Pensions scheme should be reviewed in 2011 after the full impact of the business plan is known
It seems that UNITE CMA's votes in trustee board are needed for us and of course the manager are always happy to gain something for nothing. Means to an end?!
ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE
ANNOUNCEMENT : PLEASE BE AWARE WE ARE NOT ON FACEBOOK AT ALL!
PENSIONS UPDATE
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DGP1
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