Ford workers in dispute over pension payment methods

Over 5,000 Ford workers are being balloted for strike action in a row over security and pensions, Unite has said.

Ford’s workforce is calling on the company to look at ways to improve the company pension scheme, after the sponsor said it intended to use the consumer price index to calculate inflation-linked pension increases rather than the retail price index.

Many workers have argued that the change will affect the value of their overall pension entitlements.

Unite said Ford has refused to enter into discussion on the issue.

“Workers on the production line feel they have no choice and are balloting for strike action to get the company back around the negotiating table,” Unite national officer Roger Maddison said.

A spokesman for Ford said the company “has a long-established practice of negotiating the pay, conditions and working practices of employees with its partner unions in the UK”.

    Share Story:

Recent Stories


Private markets – a growing presence within UK DC
Laura Blows discusses the role of private market investment within DC schemes with Aviva Director of Investments, Maiyuresh Rajah

The DB pension landscape 
Pensions Age speaks to BlackRock managing director and head of its DB relationship management team, Andrew Reid, about the DB pensions landscape 

Podcast: From pension pot to flexible income for life
Podcast: Who matters most in pensions?
In the latest Pensions Age podcast, Francesca Fabrizi speaks to Capita Pension Solutions global practice leader & chief revenue officer, Stuart Heatley, about who matters most in pensions and how to best meet their needs

Advertisement Advertisement Advertisement