Tata Steel Europe leadership faces a Union battle through its Pension Scheme proposals

March 15, 2015

Tata Steel Europe announces plans to end its current British Steel Pension Scheme on April 1st 2016.   It faces a familiar battle with the British Steel Unions in the UK, where, according to India’s Economic Times, a claim of a total breakdown of faith in Tata Steel’s leadership has been made. A 60-day statutory consultation period begins on March 23rd, 2015

“We feel we have no option but to consult our members and prepare to ballot for industrial action to defend their hard won pension rights,” said Roy Rickhuss, General Secretary of the Community trade union and Chairman of the National Trade Union Steel Coordinating Committee. “It appears they are hellbent on closing the scheme and are not prepared to compromise. We have lost all faith in the company and its leadership, which has brought us to the brink of a major national industrial dispute.”

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