I was just trying to look at the draft agreement on the CWU website again, but couldn't access it - probably toolardyboy wrote:baldrick wrote: an £8 a week supplement, and an additional £75 when this comes in
As I read it that £8 is just replacing the first £8 of any PBS/ICS supplement you already get. But the PBS/ICS supplement is pensionable, while this £8 isn't. So you will be losing £200-£300 a year on a full pension - and you think getting £75 is good compensation for this do you? My PBS/ICS supplement is just over £1 a week, assuming i do 40 years, thats put it down to £31.20 a year on a full pension v £8 a week for the next 35 years til i retire. (plus the £75 sweetener).
many people logging on to it currently.
But I don't know if you would get the full £8 supplement if your current PBS/ICS supplement is only £1 per week.
You might be right, but I got the impression that it was to replace the first £8 of the PBS/ICS supplement.
I'll have to check that when I can access the draft agreement again.
Add: OK I read the bit about the £8 again on one of the other threads, and you are correct - any MC with a PBS/ICS supplement of less than £8 will have the new £8 supplement made up from the ESOS pool (whatever that is).
