Unite calls on UK industry to follow BAE Systems lead on pensions

23 February 2009

Unite, the UK’s biggest aerospace and engineering union, today (Monday) welcomed BAE Systems announcement that it will not be changing any benefits or asking workers to increase their contributions.

This good news comes despite an increase in the deficit of the BAE pension scheme.

Derek Simpson, Unite joint general secretary, said: “This announcement comes at a time when the UK economy is facing financial pressure and is a welcome change to hear good news from one of the UK's largest companies.

“I call on the rest of the British industry to follow BAE's lead and end the disgraceful attacks on pensions, reductions in benefits, increase in contributions and shift of risk to employees.”

ENDS

For further information contact Bernie Hamilton, Unite national officer, on 07958 624 664 or Mark Di-Toro in the Unite press office on 07918 640 579


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