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

More on Industry

LGPS 'may struggle' to deliver proposed changes in access and fairness consultation

LGPS 'may struggle' to deliver proposed changes in access and fairness consultation

Hymans said administering authorities are already delivering other time-sensitive changes

Holly Roach
clock 08 July 2025 • 2 min read
Women in Pensions Awards 2025: Shortlists revealed!

Women in Pensions Awards 2025: Shortlists revealed!

Judges have carefully selected the impressive nominees for this year’s awards

Professional Pensions
clock 08 July 2025 • 4 min read
News Digest: Forcing pension funds to buy UK assets is 'form of capital control', says Lloyds boss

News Digest: Forcing pension funds to buy UK assets is 'form of capital control', says Lloyds boss

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

Professional Pensions
clock 08 July 2025 • 1 min read
Trustpilot