TfL inks £3.6bn deal with government after strikes

Union warns of potential further strikes over requirements to reform pension scheme

Martin Richmond
clock • 2 min read
TfL inks £3.6bn deal with government after strikes

A deal has been struck between Transport for London (TfL) and the government securing £3.6bn in funding to the transport network after a summer fraught with strike action over pension and pay provisions.

Despite the deal, which was secured yesterday (30 August), the National Union of Rail, Maritime and Transport Workers (RMT) has warned that proposals to reform the TfL pension scheme will lead to f...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

Martin Richmond
Author spotlight

Martin Richmond

Senior Correspondent at Professional Pensions

More on Industry

Most SMEs feel unequipped to support employees' retirement outcomes

Most SMEs feel unequipped to support employees' retirement outcomes

But half of SMEs see outcomes as an employer’s responsibility

Alex Levy
clock 23 September 2026 • 1 min read
News Digest: Budget pensions tax relief changes; Capita reports CSPS new claim uptick

News Digest: Budget pensions tax relief changes; Capita reports CSPS new claim uptick

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 23 September 2026 • 1 min read
Self-employed facing 'obstacle course' to save for retirement

Self-employed facing 'obstacle course' to save for retirement

SPP says there is a ‘structural gap’ in participation between employees and self-employed

Martin Richmond
clock 22 September 2026 • 4 min read
Trustpilot