Anne-Marie Winton in Pensions Expert on Bombardier continuing fallout
Rosalind Connor comments in Pensions Expert following the announcement that Workers at engineering company Bombardier are considering industrial action over employer plans to pass on the cost of contracting-out cessation to members of two of its defined benefit schemes, while sharing the cost for the Railways Pension Scheme.
This comes after the Royal Bank of Scotland announced plans to pass on the £18m cost increase from contracting-out cessation to its members. An unsurprising move Anne-Marie Winton said for Bombardier around 60,000 workers were in protected schemes in the UK.
“It’s a legitimate carve-out. It’s right these people maintain these protections, but it does probably look weird to those [who are not protected].”
Read the full article in Pensions Expert here.
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