Socialist Worker

Posties’ crucial pensions battle

Issue No. 2092

The fight by postal workers to defend their final salary pension scheme reaches an important stage this week.

Members of the CWU union will be voting in a consultative ballot on whether to accept Royal Mail’s plans to close the existing scheme.

The effect of the changes will mean that, for many workers, their retirement age will be raised from 60 to 65 years old. The end of the final salary scheme will also mean reduced benefits paid for by increased employee contributions.

Postal workers must use their vote to reject Royal Mail’s plans and start the campaign for strike action that will be needed to protect pensions.


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News
Tue 11 Mar 2008, 18:08 GMT
Issue No. 2092
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