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GMB Reaction To Pension Offer

Wednesday 2nd November 2011

 

 

GOVERNMENTS NEW PENSION OFFER IS WELCOME BUT MAY BE TOO LITTLE TOO LATE TO AVERT STRIKES

 

Commenting on the statement today by Treasury Secretary Danny Alexander, GMB National Secretary Brian Strutton said: "The move today theoretically gives us around 8% more negotiating room and additional protection for some existing members. However we don't know how this will translate into actual proposals for the different pension schemes and it will take some time to work out the details. In addition there has been no movement on the 50% contribution hike and we still don't know what overall cost cap will be imposed. For these reasons my view is that we would want to explore the effect of the improved offer whilst still seeking answers on the outstanding matters. We will not be able to resolve these issues quickly or easily so our industrial action ballot continues as will negotiations."

 

 

End

 

Contact: Brian Strutton, GMB National Secretary on 07860 606137 or 0208 947 3131 or Naomi Cooke, GMB National Pensions Officer on 07739 919633 or GMB Press Office: Rose Conroy on 07974 251823

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