CWU responds to Royal Mail pension statement today

For immediate release
14 July 2017

CWU responds to Royal Mail pension statement today

CWU deputy general secretary (postal) Terry Pullinger said:

“The CWU rejects the latest proposal from Royal Mail. It does not meet our aspiration of a wage in retirement pension scheme, but rather still promotes the conventional wisdom of a cash-out arrangement at the point of retirement.

“Whilst using elements of the CWU’s proposed Wage in Retirement Scheme, it would still represent a significant shortfall in the pensions promise and it is not something that we are prepared to recommend to our members.”

-Ends-

Notes to editors:

• The Communication Workers Union (CWU) is the biggest trade union in the communications industry with 195,000 members in post, telecoms, mobile and financial services companies including Royal Mail, Post Office, BT Group, EE, O2 and Santander.

For interview / further comment please contact:
Charlie Pullinger, CWU Press Officer 020 8971 7442 / 07793 314249 /cpullinger@cwu.org