Closure of Dairy Crest pension scheme angers unions

Dairy Crest’s plans to close its final-salary pension scheme to new employees has angered the Transport and General Workers’ Union (T&G).

The union is now considering the possibility of industrial action to prevent the company pushing ahead with proposals.

The dairy-to-doorstep company said that its more lucrative final-salary scheme would be withdrawn for new employees from 6 April in favour of a money-purchase scheme, citing soaring liabilities.

More than three-quarters of the T&G’s 2,000 members at Dairy Crest backed a recent consultative ballot in favour of a strike.

The union confirmed this brings strike action to coincide with the company’s planned start date for the pension changes a step nearer.

The T&G is currently requesting a three-month extension before the changes are brought into effect, to give it time to scrutinise Dairy Crest’s proposals.

Pensions Watch

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