Unilever workers strike over pension changes December 2011
Posted date: 9 December 2011
Unilever workers have taken strike action against plans to change the final salary pension scheme to one based on career average earnings.
More than 2,500 employees have reacted angrily to the move to introduce a career average revalued earning scheme from next July. Unite is leading the action on 9 December, arguing that the retirement income for staff will be axed by up to 40 per cent.
The final salary scheme was closed to new entrants in 2008 on the promise that it would be secured for existing members.
Jennie Formby, Unite National Officer, commented: “Their pension fund is financially robust and yet Unilever has shown little willingness to negotiate seriously to avert this dispute.”
The consumer good maker has said that it is very disappointed with the strike action and has stated that in the current climate a final salary plan is no longer viable for the firm.
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