UK - Unions are threatening to step up industrial action at media giant Trinity Mirror unless it reopens its three final salary schemes to new members.
The National Union of Journalists said its members “put down a marker” last month by going on strike at Trinity Mirror’s Coventry, Birmingham, Liverpool and North Wales offices.
And it warned the publishing giant that it would step up industrial action unless it reversed its decision to close its pension schemes.
NUJ North England and Wales organiser Miles Barter said the union was currently meeting with members to discuss the next move.
The union has vowed to fight a “guerrilla campaign” until it gets the result it wants.
Barter said: “What we wanted to do then was put down a marker to show Trinity Mirror just how serious we take this.
“As far as we are concerned, it’s a marathon, not a sprint. We didn’t expect it to just roll over, but it can – at any time – reopen the scheme if it wants to. We will continue to fight and do whatever we can to keep the schemes open.”
Trinity Mirror’s final salary schemes – worth a combined value of £1bn – were closed to new members at the start of the year. The firm is setting up a DB scheme for new members, which will be operational by July 2003.
The firm blamed a combination of falling markets and increasing longevity for the move. At the end of 2002, Trinity Mirror’s FRS17 deficit stood at £163.1m, compared to £25.9m the previous year.
A Trinity Mirror spokesman commented: “Staff understand the reasons behind the changes to the pension scheme, which were taken in the best interests of the company as a whole.
“The company has already made its decision.”
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