McDermott, the US marine engineering and construction firm, is facing a challenge from Scottish North Sea oil workers over the legal status of the £22m pension fund surplus.
According to Rab Wilson, Dundee regional officer for the Amalgamated Engineering and Electrical Union, McDermott believes it is entitled to approximately £22m out of the £32m surplus in the £110m McDermott International Pension Plan.
However, according to the AEEU, McDermott is trying to take pension money away from 1800 employees at the Ardersier fabrication yard, near Inverness.
Additionally, Wilson added that the union is to meet McDermott officials to discuss the situation in Edinburgh on April 3. If no satisfactory solution is found, Wilson said that the AEEU would either pursue a legal action or take the case to the pensions ombudsman.
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