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row reaches Downing street
News, September 4, 2002
Workers from steel plants campaigning against plans to close their final salary pension scheme have taken their fight to the prime minister.
members of staff from Caparo in Wrexham met colleagues from Scunthorpe and
Tredegar to hand in a petition to their bosses and Tony Blair on
Baines works at Caparo in Wrexham he said staff know what they want.
need the final salary pension scheme re-introduced - we're talking about
our families future," he said.
could lose £30,000 out of this."
schemes guarantee members a pension income based on the number of years of
service and the salary when the worker leaves the company.
schemes have seen their funds shrink as a result of stock market falls.
at the three plants have held three one-day strikes to show bosses they
are not happy with the loss of their pension plan.
on Tuesday members of The Community Union ISTC, voted to increase their
industrial action from one-day a week to two.
Lynch, Assistant General Secretary of ISTC said workers are supporting
far there have been three one-day strikes which have been 100% supported
by ISTC members in Scunthorpe, Tredegar and Wrexham," he said.
marks the fourth one-day strike and a delegation of workers from each
factory will travel to Caparo House in London to hold a lobby."
Baines has worked for the company for 24-years.
said, he has had enough of the firm: "If it carries on, I won't be
their much longer because I have no faith in the company.
think a lot of people are now disillusioned."
used to be a family company but it's not the same anymore."
40-year-old said he hopes the government will change the law so company
pension schemes are protected.
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