Airport pension fund trustees warn of 'unilateral action' over scheme deficits

The trustees of the troubled Aer Lingus and DAA pension fund could take "unilateral action" to reduce retirement benefits if there is no "satisfactory outcome" to ongoing talks.

25th November, 2012

The trustees of the troubled Aer Lingus and DAA pension fund could take "unilateral action" to reduce retirement benefits if there is no "satisfactory outcome" to ongoing talks between trade unions and the two companies.

The trustees warned that they had not ruled out the possibility of applying to the courts over the deficit in the scheme, according to a letter sent by trustee chairman Brian Duncan to all members.

In a move that could...

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