UK - Amicus have sworn to continue their fight with high street retailer WHSmith to maintain its final salary pension scheme following recent decisions to close it.
The union met with the chief executive of WHSmith Retail, Kate Swann, on Wednesday and “came away with nothing” according to Amicus national officer, Ann Field.
WHSmith said their 60-day consultation period was over and they would soon make an announcement regarding the future of workers’ pensions.
Field commented: “Whether the company regards the consultation ended or not, we will continue to do everything we can to persuade them away from their present course.”
The company announced their decision to transfer to a defined contribution (DC) scheme in January which was met with criticism from unions. They have refused unions’ proposals to reverse the decision.
Field added: “Amicus is horrified that the company can make light of the damage they are doing to the pensions of their longer serving employees. We will be consulting our members and reps on what the next steps should be.”
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