After years of dispute in which trade unions teamed up with their US, UK and Australian counterparts (see June 2012 newsletter), 8000 dockers will regain access to their pension funds. In a long campaign ‘Put the money back’, both trade unions and seaport employers protested against insurance company AEGON pocketing 715 million euro of the workers’ pension funds when it took over the old pension firm in 2007. The owners, who sold the old fund Optas, already compensated the fund with a contribution of 500 million, to which AEGON will add a 188 million redemption package.
English: http://www.itfglobal.org/news-online ...
For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.