Fund Transport for London

Dear Colleagues,

TFL PENSION FUND – INDEPENDENT REVIEW

I refer to my previous Circular NP/282/21, 2nd August 2021, following further joint Trade Union meetings to discuss the TfL Pension Fund review the attached pensions leaflet has been drafted to keep all our members across LUL fully engaged and updated on developments.

This leaflet can be read by clicking on the following link https://bit.ly/2Vn3V0v

I would ask that you bring this leaflet to the attention of as many members as possible.

RMT launches campaign to defend TfL pension scheme and declares no confidence in review process. Transport for London union RMT announced today that it is launching a campaign to defend the TfL pension scheme in the wake of revelations of how the company intend to process and conduct their pension fund review. Instead of a pension review, RMT is calling for an investigation, with the full involvement of all recognised trade unions, into the systemic transfer of TfL funds to the private sector.

Budget to cut £900m this year passed by TfL board

TfL announces commission to attack our pensions

RMT will fight any attack on our pension rights

We will not accept job losses or detriments to pay, terms or conditions

Please download and share the bulletin below

• Please download the attached Newsletter to read. You can also distribute in your London Underground workplace.

LU quietly announced last week that our terms and conditions, framework agreements and pensions are under scrutiny: On 22 July, at an all union meeting LU management made clear they have entirely accepted the Tories’ terms - that tube workers, and not the government must make up for the massive budget deficit caused by the pandemic.

Dear Colleagues,

TFL PENSION FUND - INDEPENDENT REVIEW

Further to my email of 15th July 2021, the RMT has today received the Terms of Reference document from Transport for London setting out how they intend to process and conduct the review into the Transport for London Pension Fund. Your National Executive Committee will consider this matter and I will update you accordingly.