Minster FM News

Contact the News Team:
Tel: 01904 486598
 
Howard and Byrne Solicitors, York - Criminal Defence Specialists

Possible Pension Cuts at Nestle

Possible Pension Cuts at Nestle

2:31pm 22nd March 2010

Potential cuts to pension benefits at Nestle leaves workers saying "it takes the biscuit".

The chocolate company, who's HQ is based in York, has now formally entered a 60 day consultation period.

According to the GMB Union proposal include:

  1. Scapping the existing pension scheme.
  2. Increasing members contributions.
  3. Cutting the value of Nestle's pension provision by 30%.

Union officials are to meet with boss from the company next week.

Email Icon Get the latest local news direct to your inbox.
Sign up now for our email updates
.

Share This Story

Submit this page to redditDelicious
Howard and Byrne Solicitors, York - Criminal Defence Specialists
Close

We Use Cookies

This website uses cookies to store information on your computer.

By using this website you accept the use of cookies as explained in the terms of our cookie policy.