Northumbrian Water staff to strike over pension cuts

Michael Klimes
clock

Workers at Northumbrian Water are set to strike from 20 October over the introduction of a Career Average Revalued Earnings (CARE) scheme.

The GMB and Unite unions have argued against the switch away from a final salary scheme which were proposed in January this year. Initially Northumbrian Water said it would contribute 19.5% and ...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

Average time to buyout falls to 4.6 years, Barnett Waddingham finds

Average time to buyout falls to 4.6 years, Barnett Waddingham finds

Barnett Waddingham End Gauge Index measures aggregate surplus at £63bn

Jasmine Urquhart
clock 22 January 2025 • 1 min read
Average DB transfer complainant to receive no compensation

Average DB transfer complainant to receive no compensation

Broadstone’s DB Redress Tracker shows typical redress compensation continues to fall

Jasmine Urquhart
clock 09 January 2025 • 1 min read
Tender Watch: SYPA appoints Northern Trust as custodian

Tender Watch: SYPA appoints Northern Trust as custodian

LGPS pool appoints Northern Trust as custodian for South Yorkshire Pension Fund

Professional Pensions
clock 09 January 2025 • 1 min read
Trustpilot