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Royal Mail pension talks complex and difficult

Royal Mail pension talks ‘complex and difficult’, says Unite

28 April 2017

The talks with the Royal Mail over plans to close its pension scheme in its current form are ‘complex and difficult’, Unite, the country’s largest union, warned today (Friday 28 April).

Unite, which has about 6,000 members working for the Royal Mail, was responding to a pensions update statement from the company today. The company confirmed earlier this month that the career average defined benefit scheme will close on 31 March next year.

Unite officer for the Royal Mail Brian Scott said: "Unite continues to meet with the Royal Mail management to discuss its pensions proposals, and these negotiations are complex and difficult.

“At this stage, it is not possible to say if an agreed solution can be found, but we are committed to making every effort to ensure our members have decent pensions’ provision in the future.

“As we have previously stated, if we don’t achieve a satisfactory outcome, we can't rule out an industrial action ballot on this issue. However, we will be consulting with our members closely at every stage over the coming weeks.”

Unite will start pay negotiations with the management soon to meet a pay review date later this year.

The Royal Mail is now a privately-owned company, following its controversial sell-off by the coalition government after five centuries of state ownership.

ENDS

Notes to editors:

For more information please contact Unite senior communications officer Shaun Noble on 020 3371 2060 or 07768 693940.

Email: shaun.noble@unitetheunion.org

Twitter: @unitetheunion Facebook: unitetheunion1 Web: unitetheunion.org 

Unite is Britain and Ireland’s largest trade union with over 1.4 million members working across all sectors of the economy. The general secretary is Len McCluskey.