UK - Two of the largest occupational pensioner organisations in the UK are to merge.
The National Association of British Steel Pensioners and the National Federation of Post Office & BT Pensioners will join forces on May 1, in a bid to increase their profile and boost membership.
The deal has been approved by the two groups’ executive committees and will be formally confirmed after a vote by branch representatives from British Steel Pensioners’ annual conference in April.
Federation assistant general secretary Eve Gracey said: “The aim is to increase our membership and increase our ability to influence government policy.”
She added: “We are a large organisation, but we must look to the future and make sure we are still strong for the pensioners coming beh-ind the current members.”
The new body – which will retain the title National Federation of Post Office & BT Pensioners – will represent funds that manage more than £50bn worth of assets for almost one million active, deferred and pensioner members.
NABSP chairman John Batstone said the new organisation would provide better services for members, including full-time staffing, legal and financial support and a member magazine.
The National Federation of Post Office & BT Pensioners is the UK’s largest and oldest occupational pensioner organisation, currently representing 101,000 members.
The National Association of British Steel Pensioners has 3000 members but is undergoing a recruitment drive to employ some of the 160,000 pensioner and deferred members of the scheme.
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