CWU deputy general secretary postal Terry Pullinger welcomed the consultation. He said: “We absolutely believe that retirement dignity and security will be swept aside for working people unless this important innovation in pension choice is enabled.”
He added that this is no longer about the indulgence, luxury or comfort of academic opinion, it is about introducing a tangible solution for 141,000 decent working people, that provides genuine hope for an occupational wage in retirement pension running alongside their state pension.
“The CWU and Royal Mail Group are ready to lead and illuminate a path for others to follow should they choose. If not us then who, if not now when? Give us our moment and we will make a very important development in our social history.”
Massive news for #TheCWU as Government announces consultation on CDC pensions schemes –