Pension plan changes to affect hundreds of Nissan staff in Sunderland



Hundreds of staff at Sunderland’s Nissan plant face changes to their pension scheme.
One worker, who did not wish to be named, contacted the Echo to say the car giant has informed members of its final salary pension scheme that it wants to change the terms on which the benefits they receive will be calculated.
Nissan closed the final salary scheme - in which payments are calculated on salary at retirement - to new starters in 2004.
But now it has opened consultation with remaining members about replacing it with a Career Average Revalued Earnings (CARE) scheme, in which benefits are... read more

 
20 January 2018 in Regional North East, Views: 49
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