Amicus calls for minimum pension contributions

Union
Amicus is launching a campaign seeking mandatory minimum pension contributions
from employers.

It
said a mandatory minimum contribution is vital if millions of future pensioners
are to avoid a "miserable retirement", and is urging the Labour Party
to back its campaign.

Joint
general secretary, Derek Simpson, said: "The Government campaigned for the
minimum wage in 1997 to end poverty wages for working people. It is surely a
natural progression that the poverty safety net be strengthened by a minimum
pension.

"With
the number of pensioners set to rise in the future, it is vital that the
Government takes action now to avoid them becoming a burden on the economy as
they are forced to rely on benefits."

The
union said the cost of a minimum pension would not be prohibitive and would not
cause job losses.

By Quentin Reade

Comments are closed.