Socialist Worker

Workers at IBM angry at attack on pensions

Issue No. 2165

The Unite union has warned IBM of a coming backlash from thousands of workers over its decision to withdraw its final salary pension scheme from around 28 percent of workers.

Peter Skyte, Unite national officer, said, “IBM is facing a backlash against its pensions proposals. Hundreds of workers are joining the union determined to stand up to this unacceptable attack on their pensions.”

The scheme will be closed in April 2010 and until then salary increases will no longer count towards benefits.

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Tue 18 Aug 2009, 17:47 BST
Issue No. 2165
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