Several large strikes at the busiest airports in the UK have been called off, as the operator BAA has settled in a dispute over pensions for workers. The strikes over pension schemes, which would have plunged Heathrow and Gatwick into chaos, are understood to be called off.
BAA, which is owned by the Spanish company Grupo Ferrovial SA, have apparently reversed their decision to close their final salary pension scheme to all new entrants. Walkouts that were planned for January 17th and 14th have now been called off, according to the Unite union.
The Unite national aviation secretary, Brendan Gold, reportedly commented: "This is good news for our members, for BAA and for air travellers . It is total vindication of the action taken by our members in voting to defend their pension scheme ."
Furthermore, BAA agreed not to make any changes to the pension scheme without first consulting workers.
Pension deal for striking workers
Pensions Quote Line
0845 108 0505
Pension deal for striking workers
Mon, 07 Jan 2008
Recommended links
Pension enquiry formPension top results
Stakeholder pensions
Self invested personal pensions
Pension planning
Young people face retirement challenge
State pensions surviving
| pensions news |
|---|
| Warning on pension annuities - Thu, 22 Jul 2010 |
| Government reforms pension annuities - Tue, 20 Jul 2010 |
| Pension holders set to benefit from energy rebate scheme - Tue, 13 Jul 2010 |
| More News |
Pensions Newsletter
Monthly pensions news, provider info & more.
Transferring a Pension
Learn more about pension transfers and enquire about transferring your pension.
SIPPs
Read up on Self Invested Personal Pensions and take control of your pension fund.