ICTU wants legislation after INM pensions row

Congress wants new body to help ensure survival of defined benefit schemes

14th December, 2016
Current and former employees of Independent News and Media, as they protest over significant cuts to their pension entitlements, before the extraordinary general meeting by (INM) Independent News & Media at the Alexander Hotel Pic: RollingNews.ie

The Irish Congress of Trade Unions (ICTU) has urged the Government to introduce emergency legislation to prevent solvent companies walking away from pension schemes.

After a meeting of its executive council, ICTU also called for the establishment of a high level commission to devise a strategy to ensure the survival of defined benefit (DB) pension schemes.

The INM move came at the same time as proposals for a capital restructuring of the company in a...

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