BWM to shut final-salary pension schemes

BWM to shut final-salary pension schemes
 

Luxury car maker BMW has announced plans to close its two final-salary pension schemes which would impact around 5,000 staff.
Trade union Unite has vowed to battle the German brand over planned changes as the manufacturer begins consulting with affected employees, including those at its plant in Hams Hall, Coleshill.
BMW intends to close the two schemes to future benefits from June next year with Unite vowing to fight the proposals "tooth and claw".
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Meetings have taken place today with pension committees... read more

 
27 September 2016 in Regional West, Views: 36
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