ITV pensions


ITV unions BECTU, the NUJ and Unite have reacted angrily to the TV channel’s plans to close its defined benefits pension scheme to future accruals.


In a letter to Kanon Chalcraft, secretary to the ITV Pension Scheme trustees, BECTU’s supervisory official, Gerry Carr, said: “Many [staff] will be concerned that their retirement plans are at risk of being ruined by the company’s proposals.”


The unions are seeking a meeting with the pension trustees having held a first and “disappointing” meeting with management in September.


The company’s proposals were released to staff and unions in July, just days ahead of confirmation that company profits had risen by 9% to £425 million in the first half of 2016.


The unions are now consulting their members, and staff generally.

https://www.bectu.org.uk/news/2621

https://www.nuj.org.uk/news/unions-condemn-itvs-plans-to-close-pension-scheme

www.pensionsage.com/pa/Unions-angry-at-ITV-planned-DB-scheme-closure.php