Unite reaction to Barclays attack on staff pensions
3rd June 2009
Rob MacGregor, Unite national officer, said: “There will be deep
anger amongst the 18,000 staff who have today (Wednesday 3rd June)
been notified that Barclays is proposing that the final salary
pension scheme is totally closed.
“Unite views this proposal as a break in the promise by Barclays
to its workforce that the company will not put profits before
people. This attack on the pensions of the loyal and hard-working
staff at the bank is utterly alarming. The union is urging the bank
not to establish this change.
“Unite will now consult with our members within Barclays in
order to assess the union’s next steps.”
ENDS
For more information contact: Saba Mozakka, Unite press office
on: 020 7420 8916 or 07768 693 953
Notes to editors
Barclays is proposing that the final salary pension scheme will
close from December 2009.
Although the scheme was closed to new entrants in 1997 thousands
of existing staff have continued to accrue pension rights and will
now have the option of joining in the state scheme or a less
rewarding defined contribution scheme.
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