End the pensions robbery

PCS launched the TUC in Brighton last month with a call for a joint union campaign to defend pensions against government attack.

Ministers have attempted to suspend the process for addressing overpayments made by members of public service pension schemes.

Many members of the pensions’ scheme are now denied the reductions in contributions and pension benefit improvements that are due to them and are forced to continue overpaying for fewer benefits for an unknown period of time and with no clear outcome.

Now PCS is demanding the money due to members from the pension valuation – a minimum of 2% every month – should be paid immediately.  The original decision to suspend the valuation is unacceptable when members have been overpaying by at least 2% every month.

If this not forthcoming, the union will consider industrial action, potentially with other unions on the issue.

We followed up our call with a lunchtime fringe meeting on the issue.

Fire Brigades Union general secretary Matt Wrack told the meeting about the FBU’s successful case brought against the government. Their victory means the government must now look again at every public sector pension scheme.

Matt explained that the FBU victory benefits all public sector unions because it forces the government to backtrack and potentially have to put up to £4 billion back into the pension schemes and, therefore, members’ pockets.

PCS General Secretary Mark Serwotka reminded people of the campaign we ran in 2011.

“We explained to members that they were being asked to pay more, work longer and get less,” he said.

There is more information on pensions hereYou can also register your protest with Chancellor Sajid Javid.

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