WALES - Workers are threatening to escalate strike action at a small trailer-making firm in North Wales unless it increases its pension contributions.
Trade union GMB said it was disappointed with the lack of significant concessions in talks with Ifor Williams Trailors.
Workers have staged three one-day strikes following the breakdown of talks to end a dispute over pay and conditions at plants in Cynwyd, Bala and Corwen.
The GMB put forward a claim for an increase in employer pension contributions from 3% to 5% into the final salary scheme, but regional organiser Dave Cliff reported little response from the horsebox and trailer-making company.
Cliff said the union wanted a contribution increase from the company to prevent members “ending up with inadequate, unliveable pensions”.
But he said: “It is proving extremely difficult to find out basic details about the pension schemes in place, although it appears there is one longer term, and another reasonably recent arrangement.”
He pointed out that the scheme was set up 40 years ago, with more rapid expansion in recent years as staff numbers reached 500.”
He added: “The increase in contributions we are hoping for is not large but so far it has been difficult even getting anyone to talk to us.”
Negotiations have been taking place at arbitration service Acas but so far there has been no progress to suggest plans for further industrial action will be scrapped.
A statement released by Ifor Williams reported the majority of staff had accepted its original pay offer and were working normally.
Hyperbolic discounting and political temptation: Why Brexit-fuelled AE reversal would be a 'monumental' mistake
The home secretary has suggested AE should be scrapped in the event of a no-deal Brexit. Darren Philp explains why this would be misguided
The trustees of the Kodak Pension Plan No.2 (KPP2) have said it will likely enter the Pension Protection Fund (PPF) in "due course" after reviewing the scheme's investment in Kodak Alaris.
A US company has completed a £285m pensioner bulk annuity for around 1,100 of UK members with Legal & General (L&G).
Former BHS chief Dominic Chappell has been accused of trying to rewrite history as he seeks to overturn a conviction for failing to hand over information to the regulator.