AIB set to backtrack on pension scheme changes

AIB Bank will be forced to go back on changes made to its pension scheme ten years ago, when an independent tribunal that reviewed the bank, delivers its recommendation this Tuesday.

12th May, 2007

AIB Bank will be forced to go back on changes made to its pension scheme ten years ago, when an independent tribunal that reviewed the bank, delivers its recommendation this Tuesday.

The recommendation, from the Labour Relations Commission (LRC), is expected to influence national pay talks and the outcome of ongoing pension disputes between employers and unions.

The Sunday Business Post understands that the LRC will recommend that AIB open a new defined benefit scheme...

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