manchesterwired
Business
Public sector pensions deal accepted by Prospect
Published: 14th May 2012 15:00:53
Plans for changes to public sector pensions from 2015 have been accepted by members of the UK's second-largest civil service union.
Members of the Prospect union have voted 79% in favour of the deal struck between the government and unions.
There was a 50% turnout among the 29,000 members affected by the changes.
The union said the deal was the best that could be achieved from negotiations, but said it did not endorse any changes from now to 2014.
"Members understood that the government's offer was conditional on acceptance, and that if the terms were rejected there was a danger of government imposing something much worse," said Dai Hudd, Prospect's deputy general secretary.
"However, members also recognised that Prospect had achieved significant improvements from the government's opening position.
"Members do not endorse having to pay higher pension contributions from this year, or the further rises in 2013 and 2014. These increases are an unjustified tax."
The government says that pension benefits are too high for public sector workers and the changes will eventually save the government tens of billions of pounds.
Ministers argue that change is needed because people are living longer, and say the cost of public sector pensions to the taxpayer has already gone up by a third.
However, a number of unions remain opposed to the plans.
Hundreds of thousands of public sector workers took part in a 24-hour UK-wide strike last Thursday over the pension changes.
Prospect added that 5,000 of its members were affected by negotiations on the local government pension scheme, on which talks continued with employers.
Harvard Citation
BBC News, 2012. Public sector pensions deal accepted by Prospect. [Online] (Updated 14 May 2012)Available at: http://www.manchesterwired.co.uk/news.php/1428418-Public-sector-pensions-deal-accepted-by-Prospect [Accessed 15th May 2013]
Latest News
-
At 00:40:44 in Business
Your stories of demands sent to the dead
Walter Stevenson had been looking after his elderly mother's financial concerns for a while before she died at the age of 96.... -
At 17:13:43 in Other
Sue Brittain 'the Emmeline Pankhurst' of wrestling
Sue Brittain, whose funeral has been held in Pudsey, West Yorkshire, was an unlikely sporting heroine.... -
At 16:51:37 in Headlines
Uncomfortable truths of child exploitation in Britain
Barely a day seems to go by when Britain is not confronted with a new horror involving the sexual exploitation of children. Some of the reve... -
At 16:43:55 in Other
Oxford rape and trafficking: Who were the victims?
Seven men have been convicted at the Old Bailey of being involved in the systematic grooming and trafficking of girls from the Oxford area i... -
At 16:38:12 in Other
HS2 tunnel planned under M6 motorway near Birmingham
The HS2 train line could run through a tunnel under the M6 to reduce the amount of disruption in the area.... -
At 14:48:19 in Business
HMRC: Pubs and takeaways among tax dodgers
HM Revenue and Customs (HMRC) has published its second list of tax defaulters, as it tries to shame people into paying up.... -
At 13:56:46 in Other
Manchester Metrolink extension to East Didsbury to open months early
An extension of the Greater Manchester Metrolink tram network is to open three months ahead of schedule, say transport bosses. ... -
At 10:21:18 in Other
Coronation Street's William Roache appears in court on rape charge
Coronation Street star William Roache has appeared in court accused of raping a 15-year-old girl in the 1960s.... -
At 09:32:15 in Other
Woman injured by exploding aerosol in Ancoats
A woman has been critically injured by an exploding aerosol in Manchester, police have said.... -
At 08:24:16 in Other
French films woo British audiences
French cinema is enjoying its biggest box office success in Britain for a decade, with attendance for French language or French-made films i...
News In Other Categories
-
Longest-serving football manager to retire after 50 years
English football's longest-serving manager is to retire at the end of the season from the club he formed with a group of friends 50 yea... -
Spy scandal in Moscow evokes an earlier era
The arrest of Ryan Fogle in Moscow shows that the Cold War is not over. For some, that is reassuring.... -
Great Gatsby to kick off Cannes Film Festival
Leonardo DiCaprio and director Baz Luhrmann are expected on the red carpet in Cannes later as their new film The Great Gatsby opens the annu... -
Dementia diagnosis rates: 'Shockingly low'
The NHS in England has been told to push for a rapid rise in dementia diagnosis rates, so that by 2015, two out of three cases are identifie... -
Jennie Runk: My life as a 'plus-size' model
When H&M hired a "plus-size" model to show off the range of sizes for its beachwear, the ad campaign caused much discussion. Model... -
Penygroes fire: Body found in kitchen
A body has been found by fire crews tackling a blaze at a terraced house in Gwynedd....



