Community has led the five and a half year £12 billion campaign to secure Britain's pensions under the Financial Assistance Scheme
“Five and half years ago 125,000 people faced the prospect of losing a large percentage of their expected pension and had no prospect of public support. Now we have secured over £12 billion to secure 90% of their pension and secured the ability for them to retire at their scheme retirement age, be able to take some of their pension as a lump sum, indexation of contributions after 1997 and enhanced benefits for widows and dependants. This is a massive victory.”
Michael Leahy, General Secretary, Community
Community has led the campaign for justice for the employees left with nothing. The announcement of a £12 billion Financial Assistance Scheme has come as a great relief to effected members.
(l-r) Joe Monks, ASW Cardiff,; Brian Silver, ASW Cardiff; Julie Morgan , Labour MP for Cardiff North; Peter Jackson, ASW Cardiff; Michael Leahy; Pat Wiggins, ASW Sheerness; Jim Stack, ASW Sheerness |
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