TfL pension fund – non pensionable pay awards
Submitted by Admin on 28 November, 2015 - 00:52The following resolution has been received from the TfL No.1 Branch:
“TfL No. 1 Branch are concerned that as a result of TfL/LUL managements decision to award certain layers of staff with pay for performance pay increases, union members are seeing their future pension benefits eroded.
We request that the General Secretary carries out a proper investigation into this position as a matter of urgency so that future pay and conditions negotiations see pay increases linked to basic pay and not awards of one off lump sum payments.