We need united action for decent pensions
By a PCS member Research published by J P Morgan Fleming in May 2004 revealed that nearly two-thirds of the UK's top pension funds have closed their final salary pension schemes to new members. According to the TUC these closures have already saved employers £4 billion in contributions. In one of the most recent developments, RMT members working for Network Rail have voted to strike over the closure of their final salary pension scheme to new staff. Quite obviously, once a company has succeeded in dividing workers in this way there is every temptation on greedy bosses to attack the relatively...