{"id":4633,"date":"2015-07-02T16:52:15","date_gmt":"2015-07-02T15:52:15","guid":{"rendered":"http:\/\/unitelive.org\/?p=4633"},"modified":"2015-07-02T16:52:15","modified_gmt":"2015-07-02T15:52:15","slug":"act-of-betrayal","status":"publish","type":"post","link":"https:\/\/unitelive.test.igniteamt.com\/?p=4633","title":{"rendered":"\u00e2\u20ac\u0098Act of betrayal\u00e2\u20ac\u2122"},"content":{"rendered":"
<\/div>\n

Unite and the GMB union accused Nestl\u0102\u00a9 UK of acting in \u00e2\u20ac\u0098bad faith\u00e2\u20ac\u2122 today (July 2) as the company announced plans to close its career average pension scheme in a move that unpicks pension changes agreed in 2010.<\/p>\n

 
\nWarning that the move could be seen as an \u00e2\u20ac\u0098act of betrayal\u00e2\u20ac\u2122 by the workforce, the unions urged the company to think again. Under the plans Nestl\u0102\u00a9 wants to close the defined benefit scheme, currently offered on a career average basis and replace it with a defined contribution or \u00e2\u20ac\u0098money purchase\u00e2\u20ac\u2122 scheme.<\/p>\n

 
\nThe proposals backtrack on pension changes introduced five years ago which saw the final salary pension scheme scrapped for a career average scheme on the understanding that it would be an industry leading scheme. A money purchase scheme was also introduced at the time.<\/p>\n

 
\nIf the proposals go ahead the career average scheme will be closed to new entrants from 2016 and close to future pension build up for existing members from the start of 2017.<\/p>\n

 
\nUnions say that the changes will affect workers making Nestl\u0102\u00a9 products across the UK ranging from pet food and bottled water to confectionary and breakfast cereals.<\/p>\n

 
\n\u00e2\u20ac\u015bMany loyal workers will feel led up the garden path and see these changes as an act of betrayal by Nestl\u0102\u00a9,\u00e2\u20ac\u0165 said Unite national officer Julia Long. \u00e2\u20ac\u015bFive years ago they agreed to pension changes in good faith on the understanding that their pension would be secure for the future.<\/p>\n

 
\n\u00e2\u20ac\u015bNow Nestl\u0102\u00a9 is tearing up their contracts with their future with many workers facing being worse off in retirement,\u00e2\u20ac\u0165 she added. \u00e2\u20ac\u015bWe will not stand by and let that happen and would urge Nestl\u0102\u00a9 to think again and honour its past promises.<\/p>\n

 
\nGMB National Officer Stuart Fegan condemned the proposals, especially in light of the giant food manufacturer\u00e2\u20ac\u2122s healthy profits.<\/p>\n

 
\n\u00e2\u20ac\u015bThe 7,600 Nestl\u0102\u00a9 workers which these proposals affect will wonder why a company such as Nestle generating significant profit in the UK and other world markets can justify such detrimental plans,\u00e2\u20ac\u0165 he said. \u00e2\u20ac\u015bParticularly as these proposals directly affect those Nestl\u0102\u00a9 workers who manufacture the products that make Nestl\u0102\u00a9 the leading world food manufacturer.\u00e2\u20ac\u0165<\/p>\n

 
\n\u00e2\u20ac\u015bWe urge Nestl\u0102\u00a9 to think again on these proposals as we fear that the UK workforce will not accept these changes willingly,\u00e2\u20ac\u0165 Fegan added. \u00e2\u20ac\u015bStrike action with all its consequences for Nestl\u0102\u00a9’s corporate brand if these proposals are implemented, looms large across Nestl\u0102\u00a9 in the UK.”<\/p>\n","protected":false},"excerpt":{"rendered":"

Unite and the GMB union accused Nestl\u0102\u00a9 UK of acting in \u00e2\u20ac\u0098bad faith\u00e2\u20ac\u2122 today (July 2) as the company announced plans to close its career average pension scheme in a move that unpicks pension changes agreed in 2010.   Warning that the move could be seen as an \u00e2\u20ac\u0098act of betrayal\u00e2\u20ac\u2122 by the workforce, the […]<\/p>\n","protected":false},"author":1,"featured_media":4634,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[270],"wps_subtitle":"Food manufacturer Nestl\u0102\u00a9 backtracks on pension scheme ","_links":{"self":[{"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/posts\/4633"}],"collection":[{"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4633"}],"version-history":[{"count":1,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/posts\/4633\/revisions"}],"predecessor-version":[{"id":4635,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/posts\/4633\/revisions\/4635"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=\/wp\/v2\/media\/4634"}],"wp:attachment":[{"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/unitelive.test.igniteamt.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}