Jul 10, 2017
BMW workers accept revised pension deal
BMW workers in the UK have accepted a revised offer over the closure of their final salary pension scheme, ending the threat of further strikes. More than 80% of members of the Unite union approved the deal which affects workers at four sites. The dispute centred on plans to move workers to a new contribution-based pension scheme, which Unite warned could cost workers up to £160,000 in lost income. There were four walkouts involving workers at plants in Cowley; Goodwood, near Chichester; Hams Hall in the West Midlands; and Swindon. BMW had initially offered workers transitional payments worth £7,000 in an effort to solve the dispute, but under the revised offer, this will be increased to up to £25,000.
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