AA staff could strike for first time in 105 years over planned changes to pension schemes

Staff at vehicle breakdown service the AA may strike for the first time in the company’s 105-year history.

The threat of industrial action was caused by plans to cap benefits in two AA pension schemes.

The Independent Democratic Union (IDU) will announce a ballot of 5,000 AA employees today, reports the BBC.

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The company’s management wants to put a ceiling on annual rises in pensionable salaries, raise employee contributions, and reduce the maximum annual rise in pensions paid to 2.5%.

IDU general secretary Alistair McLean told the BBC there were rumours that Acromas, which owns the AA, had plans to be listed on the stock market, potentially generating huge profits.