Tata Steel: Union workers back new pension plan
Thousands of Tata steelworkers have overwhelmingly backed a deal on the future of their pensions.
They were asked whether they would accept moving from a final salary pension to a less generous scheme.
Members of three unions at sites in Wales, Scotland, South Yorkshire and Teesside all supported the new proposals.
Tata’s offer included a £1bn investment commitment at Port Talbot and no compulsory job losses.
The three unions at the Indian company’s UK plants had recommended that their members, including 6,300 Tata workers in Wales, accepted the deal.
“This result provides a mandate from our members to move forward in our discussions with Tata and find a sustainable solution for the British Steel Pension Scheme,” Roy Rickhuss, the general secretary of Community union, said.
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