Workplace Report (June 2000)

Features: Pensions

Shell ends integration

Oil giant Shell is following in the footsteps of its main rival BP Amoco and is abolishing integration in its pension scheme. The £400m-£500m cost will be met from the scheme's surplus.

A legal challenge against integration may be heard shortly in the High Court following the resolution of the key part-time workers' case (see last month's news and equal pay article on page 8 this month). The Shillcock case involves a part-time woman worker denied access to an integrated pension scheme because her earnings were below the lower earnings limit.


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