Ford workers call for national strike over CPI switch

clock

Ford workers are threatening a national strike over plans to uprate future payments for Ford Pension Fund members by the Consumer Prices Index.

Unite the union said it would ballot more than 10,000 workers within the next two months to stop Ford ditching Retail Prices Index indexation for its 30,000 pensioners. The move would save Ford £40...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Pensions campaigner and former WPC chair Frank Field dies aged 81

Pensions campaigner and former WPC chair Frank Field dies aged 81

Field was a former Work and Pensions Committee chair and a welfare champion

Professional Pensions
clock 24 April 2024 • 4 min read
Mortality models 'creaking' under the strain of disruption in the wake of the pandemic

Mortality models 'creaking' under the strain of disruption in the wake of the pandemic

Fall in life expectancy ‘inevitable’ unless changes to the CMI model are made

Jonathan Stapleton
clock 23 April 2024 • 2 min read
Professional Pensions Live 2024: One month to go!

Professional Pensions Live 2024: One month to go!

See which schemes have already registered to attend and reserve your place today

Professional Pensions
clock 23 April 2024 • 1 min read
Trustpilot