Unite national officer for the not for profit sector Sally Kosky said: “We are urgently seeking further information from the Methodist Church, as the proposal appears to be intended to affect increases to pensions already earned, as well as to pensions earned in future - otherwise the change would not reduce the deficit.
“Our members in the Methodist ministers’ pension scheme may be very reluctant to readily agree to these changes.
“Estimates of the difference between RPI and CPI vary between 0.5 per cent and one per cent annually. In looking at the savings and the possible impact on members we will want to see what view is being taken of this. A figure anything less than the middle of this range would be highly questionable.
“To prepare for the forthcoming consultation, we will request a copy of the rules of the scheme and a copy of the 2014 valuation report and the schedule of contributions agreed as a result of it.
“We will be keeping a close eye on what happens after the consultation process ends in February next year to ensure that our members’ retirement income is not eroded.”
Notes to editors:
For more information please contact Unite senior communications officer Shaun Noble in the Unite press office on 020 3371 2060 or 07768 693940.
- 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.