You can read 19 more articles this month
MORE than 1,000 water workers in north-west England are to strike to defend their pensions after three unions joined forces in the dispute.
Members of Unite, Unison and Prospect are taking on bonus-fed fat-cat bosses at United Utilities (UU) and will strike for 24 hours on Friday and next Monday.
From Friday, they will also ban overtime, refuse call-outs and suspend an advice service to councils until March 24.
UU, which made a £650 million profit last year, plans to replace the workers’ pensions scheme with a worse one.
The unions say the change will cost pensioners thousands of pounds in retirement.
The new scheme comes into effect on April 1.
Unison north-west regional organiser Vic Walsh said the company was making “an unnecessary and unjustified grab” on a financially healthy pension scheme.
“UU has paid out more than £1.25 billion to shareholders over the past five years and has a target of increasing its dividend payments each year by at least the rate of inflation,” he said.
Mr Walsh pointed out that the company had paid its chief executive Steve Mogford £2.8m last year.
Unite regional officer Graham Williams said: “All we are asking for our members is a pension arrangement in line with the 21st century. That’s not unreasonable and the company can afford it.”
He said water supplies would deteriorate, “hitting UU in the wallet.”
The company said it was “disappointed” that the workers were taking action and claimed that the cost of the scheme was becoming “unsustainable.”
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by joining the 501 club.
Just £5 a month gives you the opportunity to win one of 17 prizes, from £25 to the £501 jackpot.
By becoming a 501 Club member you are helping the Morning Star cover its printing, distribution and staff costs — help keep our paper thriving by joining!
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by become a member of the People’s Printing Press Society.
The Morning Star is a readers’ co-operative, which means you can become an owner of the paper too by buying shares in the society.
Shares are £1 each — though unlike capitalist firms, each shareholder has an equal say. Money from shares contributes directly to keep our paper thriving.
Some union branches have taken out shares of over £500 and individuals over £100.
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by donating to the Fighting Fund.
The Morning Star is unique, as a lone socialist voice in a sea of corporate media. We offer a platform for those who would otherwise never be listened to, coverage of stories that would otherwise be buried.
The rich don’t like us, and they don’t advertise with us, so we rely on you, our readers and friends. With a regular donation to our monthly Fighting Fund, we can continue to thumb our noses at the fat cats and tell truth to power.
Donate today and make a regular contribution.