BP pensioners stage protest over block to discretionary benefit increase

Group takes action after company blocks 4% discretionary increase to members’ pensions

Martin Richmond
clock • 3 min read
BP pensioners stage protest over block to discretionary benefit increase

The BP Pensioner Group has staged a social media day of action after a discretionary increase in the pension payable to BP's pensioners was blocked by the company.

The group said the day of action - held on 1 August - comes after BP chief executive Bernard Looney decided to dismiss the recommendation put forward by independent trustees of the BP Pension Fund ...

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