Defending and extending your pension rights
As you will recall from my previous Circular (No LUL/15/10, 16th May 2011) I highlighted the disparity in regards to the terms and conditions of those employees who were TUPE transferred from Alstom Metro Trains, Stratford Market Depot, to Tube Lines (TL) compared to those former Metronet employees who have been fully integrated into LUL.
RMT General Secretary Bob Crow says the Hutton Review will be "the spark that lights the blue touch paper of co-ordinated strike action". Bob Crow said:
"We have seen this week that gold-plated bonuses and pensions for the bankers and speculators who caused this crisis are still the order of the day while those slogging their guts out making this country tick are lined up for a kicking by Lord Hutton and the ConDems."
From Bob Crow, General Secretary ...
Dear Colleague,
I am writing to bring you up to date with developments in regard to the TfL Pension Fund.
Actuarial Valuation
The results of the latest valuation of the Fund have recently been concluded. The valuation, as at 31st March 2009, assesses whether or not there are sufficient assets to pay for pensions already promised to existing pensioners, deferred pensioners and active members, and also sets employer contribution rates necessary to fund future benefits after the valuation date.
From Bob Crow, General Secretary ...
Dear Colleague,
I am pleased to be able to advise members that the issue of ill-health pensions payable from the TfL Pension Fund has been resolved.
Our London Transport members will recall that in 2006 RMT started fighting a lone rear-guard action against management’s attempts to undermine the very valuable ill-health arrangements offered by the TfL Pension fund. Management wanted to turn the qualification for an ill-health pension from an ‘own job’ test to an ‘all work test.’
London Overground is changing the way employees pay contributions into its pension system (the RPS) by introducing an arrangement known as ‘salary sacrifice’. Under the old system, you were paid your salary with your pension contribution deducted from it. Under this new system, your salary is reduced by the amount of the pension contribution and the employer pays your contribution direct to the fund. What’s the difference?
IMPORTANT ELECTION - TFL Pension Fund - Pensions Consultative Committee
RMT members are supporting Mark Harding and Linda Martin in this important election. Mark has sat on this committee for many years and needs your support. Linda is committed to defending your pension and will make an important contribution to this committee.
Please use both your votes
VOTE
Mark Harding X Linda Martin X
PLEASE PLACE THE ATTACHED POSTER ON NOTICE BOARDS
Venue: Exmouth Arms, Star Cross Street, near Euston
Pensions are a very important issue to workers - they ensure a comfortable and dignified retirement - and yet seem both complicated and continually under threat.
In this workshop, one of our rank-and-file RMT pensions reps will explain - and answer questions about - issues including:
Venue: ex-Services Club, Harvey Road, Leytonstone - map here.
Pensions are a very important issue to workers - they ensure a comfortable and dignified retirement - and yet seem both complicated and continually under threat.
In this workshop, one of our rank-and-file RMT pensions reps will explain - and answer questions about - issues including:
From Ted Richardson, Secretary, London Transport Retired Members' branch ...
My report is fairly short due to the fact that I suffered a blackout during the course of the Conference and had to return home for medical treatment. ...