BBC pension changes condemned

BECTU has condemned the BBC's confirmation of plans to radically change pension provision for current and future staff from December 2010.

The proposed key changes would see the defined benefit pension/career average schemes closed to new employees.

For current members future increases in pensionable pay would be capped at a maximum 1% per year irrespective of the level of any pay award or increases following staff promotions.

For more details see the BECTU site.

29 June 2010