Pensions dispute at energy company resolved

Ireland

Unions at the ESB electricity company called off planned strike action before Christmas after negotiations secured an agreement over treatment of the pension scheme. The unions were pleased that the company will continue to treat the pension scheme as defined benefit rather than defined contribution and also that there will be a commitment to tackle any future pension deficits in the same way as they have been dealt with in the past.
Read more at > RTE news website (EN)

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