Openreach management are still invoking contractual overtime to cover the lack of staff on the front line. New recruits are slow in coming, not helped by no London Weighting increase for five years.
We are holding meetings about BT Pensions as follows:
Monday 27th November 5.30pm at Edmonton Openreach Centre of Excellence
Tuesday 28th November 5.30pm at Colombo Openreach Centre of Excellence
Wednesday 29th November 5.30pm at Ilford Openreach Centre of Excellence
Other CWU branches are holding meetings as follows: Thursday 30th November 12 noon and 1pm Christchurch 27 Blackfriars Road SE1 8NY Wednesday 6th December 7.30pm Ruskin House Croydon CR0 1BD
More meetings will be advertised here as we get details
Please email firstname.lastname@example.org if you would like a meeting at a particular location
BT has started the required 60 day consultation on cuts to the BT Pension Scheme. Higher contributions from members are proposed as expected, in order to switch cash to shareholders. But the shock is the severe cuts to benefits – pay more get MUCH less. There is NO agreement with the union and members are urged to individually tell the company that BOTH options should be rejected. The newer scheme – BTRSS – is not getting hoped for improvements either. In the meantime consulting firm Mercer have reported that pension deficits are actually falling, thanks to interest rate rises and life expectancy leveling off.