UNISON Pensions Latest

The latest press release from UNISON confirms that negotiations are continuing. This branch is worried about the parameters of these negotiations as they appear to be based on damage limitation rather than fighting to save our scheme. The negotiations appear to be moving towards a new Career Average Related Earnings scheme rather than a Final Salary Scheme. We believe that this will mean that the benefits payable under the scheme will be reduced. There is going to be a delay in any increased contributions and there could be some protection from the contribution increase for low paid staff. There appears to be no change in the government’s position regarding retirement age, though there is to be some form of transitional protection for those approaching retirement now.

The detail of the negotiations and what UNISON are aiming for is attached in the Message from Dave Prentis.

COUNCIL WORKERS CON-DEM- ED TO FURTHER PAY FREEZE

The Government and our National Employers have announced a further pay freeze for all public sector workers. Our members working for the Council are now going into their third year of a pay freeze further reducing our buying power and our standard of living. This unjust and unfair government policy comes on the back of Waltham Forest’s Labour Council attacks on our terms and conditions where lower paid, black and female workers suffered disproportionate cuts to pay and conditions.

Meanwhile, the high paid consultants and senior managers continue to ensure that their pay goes up. In the latest phase of cuts there are HR managers who rise from PO10 (£50,000+ per year to PO12 (£60,000+ per year). Of course the majority of HR workers do not fare so well. Some face redundancy and others face pay cuts. It is disgraceful and reflects how our country is at the moment as the bankers carry on getting their bonuses while those that are out of work face benefit cuts.

Attached is the latest circular from UNISON on our pay campaign and copies of their correspondence with the employers.

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