BT PENSIONS: CWU and Connect unions are conducting a consultative ballot of their members from 27 November to 18 December. The leaderships want members to accept a pension review they have negotiated with BT. BT employees should reject this deal.
CWU and Connect members opposing the pension deal are campaigning for a “no” vote in the ballot, pointing out that the deal will mean:
• increasing normal retirement age from 60 to 65;
• moving to a scheme based on career average earnings rather than final salary;
• increasing contributions from workers themselves.
The union leaderships claim that making these changes safeguards the scheme as a whole, but what it is really about is BT safeguarding profits at employees' expense.
There is substantial opposition to the changes at branch level.
Campaign against it! More details from: firstname.lastname@example.org