IASS PENSION UPDATE
Further to my last bulletin (Saturday 25th) more information is now available concerning the waiver. You can read the full waiver papers (a letter from Aer Lingus and a signed explanation) HERE and HERE, which includes the input of a firm of solicitors, Eversheds O’Donnell Sweeney (known as ‘Eversheds’), acting on behalf of the ICTU Trade Union group. Aer Lingus, in the event of an agreement, will require each individual to sign a wavier in order to receive the capital sum, and to receive the additional cash payment (€400) recommended by the Expert Panel.
The waiver records your agreement that you accept the proposals and that they represent full and final settlement of the current dispute relating to pension. It has nothing to do with your future pension arrangements (other than the reductions to your IASS benefits that this proposal is about), nor any of your other terms and conditions of employment.
Last week, at the information meetings held at the three airports, unions discussed the implications of changes to the state pension age. It should be noted that, following Government decisions, the age at which the state old age pension is payable is increasing to 67 (in 2021) and then to 68 in 2028. This is an issue will affect every single worker in every workplace in the country. It would have been an issue for Aer Lingus workers regardless of the pension proposals currently under ballot.
The ICTU Trade Union group has put Aer Lingus on notice to expect a claim to resolve this. We have time to deal with this issue separately. Slide presentations from last week’s meetings are available to view HERE.
I’d like to remind you again that all ballot papers have been issued to IMPACT members at this stage. Please remember that these must be returned to me by close of business Tuesday 4th November 2014. This date is rapidly approaching.
The count will be held in at Congress Headquarters in Parnell Street the day after the ballot closes. This is a very important matter and it’s vital that you vote and make your vote count. Don’t let someone else decide on the proposals for you. The ICTU Trade Union group (which includes IMPACT) is recommending acceptance of these proposals as the best that can be achieved from negotiations.
Services and Enterprises Division