Unions at Tata Steel have halted their industrial action and suspended a strike planned for Monday of this week in response to a new offer from bosses.
Workers in the Community, Unite, Ucatt and GMB unions are fighting an attack on their British Steel pension scheme. They are now set to vote on the offer, with unions recommending acceptance.
Details had yet to be made public as Socialist Worker went to press. The deal is known to include keeping the scheme open to new members—a victory against bosses’ plan to close it.
But even before the strike was called union negotiators had offered substantial cuts.
A crucial question will be whether workers keep the right to retire on a full pension at 60—which bosses had wanted to increase to 65.
Ian Davis, Community rep at Scunthorpe, told Socialist Worker, “For many steel workers the right to retire at 60 is sacrosanct. Any attempt to water that down should be met with rejection.
“If we are going to win we have to commit ourselves and show Tata that we are determined.”