Link to this page: http://www.socialistparty.org.uk/issue/656/11097

From The Socialist newspaper, 2 February 2011

Ford challenged in legal bid: Pay the Visteon pensioners now!

On the very day that Ford Motor Company announced huge profits of $6.6 billion after tax, Unite has launched legal action against the car giant in a bid to win back lost pensions for over 3,000 pensioners.

Rob Williams, Former Unite convenor at Swansea Visteon/Linamar Plant

In 2000 Ford set up or 'spun-off' a separate and so-called independent company called Visteon which mainly comprised its component manufacturing plants - in Britain the plants at Basildon, Belfast, Enfield and Swansea.

These workers were promised that their jobs would now be safe and their terms and conditions and pensions would be 'mirrored' to that of workers still working at Ford for the rest of their working lives and retirement. Further, they were encouraged to transfer their pensions from the more stable Ford fund to a new Visteon one with the promise that even if Visteon got into economic difficulties, the pensions would be guaranteed.

These promises proved worthless when Visteon UK went into administration on 31 March 2009 - leaving 600 workers sacked and 3,000 pensioners facing the Pension Protection Fund, with cuts to pensions and concerns about the long-term if the PPF runs out of money. Many workers have lost over 200 a month with others losing up to 600.

These pensioners were inspired into action by the heroic struggle of the Visteon workers who occupied and picketed their plants and won enhanced redundancy. Since then pensioners from all the areas affected have become organised. They have lobbied and protested continuously over the last 18 months or so, from Ford plants and dealerships to Parliament just before Christmas.

Finally, Unite has agreed to launch the legal action. Visteon pensioners are adamant; Ford should come up with the money to fill the black hole in the pension fund to ensure that these workers, many of whom gave 30 years or more unstinting service, get their full pensions.

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


In The Socialist 2 February 2011:


International socialist news and analysis

Egypt in revolt


Socialist Party NHS campaign

Defend the NHS!: Fight the Con-Dem cuts

The madness of King George cuts


Anti-cuts campaigning

Scottish Anti-Cuts Alliance established

Stop attacks on disabled claimants

Liverpool: Jobs axe must be fought

No to the racist EDL! Unite to fight the cuts

Hands off our forests!

Protesting against all of the cuts


Socialist Party news and analysis

Tommy Sheridan jailing: Political vendetta ends in draconian sentence

John Macreadie memorial

TV Review: Posh and Posher Why Public School Boys Run Britain


Socialist Party feature

'Struggle or starve!' 1932 - when Birkenhead workers beat the means test


Socialist Party youth and students

Young people march for a future

Tories have no solutions to youth crime

Police attack 'save EMA' protest in Leeds


Socialist Party workplace news

Justice for Unison Four

Unison self-destructs at TSA but unionism stronger than ever

Building action against cuts

Defending jobs at Leeds council

Ford challenged in legal bid: Pay the Visteon pensioners now!

Arriva Trains Wales - strike called off

Defend democracy in the CWU

Keep the post public demo

Discussing an electoral challenge to service cutters


Socialist Party Marxist analysis

'In reality, Britain is facing a savage economic ice age'


 

Facebook   Twitter



Home   |   The Socialist 2 February 2011   |   Join the Socialist Party

Subscribe   |   Donate   |   Bookshop






Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter



Related links:

Ford:

triangleFinal meeting of Swansea Visteon pensioners

triangleVisteon: Ford makes offer

triangleVisteon/Ford workers march for pensions justice

triangleWorkplace news in brief

triangleUnite ballots Ford workers for strike action

Visteon:

triangleWorkplace news in brief

triangleVisteon pensioners protest

triangleAngry workers protest outside Ford's UK headquarters

Pensioners:

trianglePensioners Parliament opposes austerity

triangle'Freedom Riders' attacked by police

trianglePensions: Osborne's 'counter-revolution'

Pay:

triangleUnison Wales FE strike ballot

triangleWe can defeat low pay and zero-hours!

Pensions:

triangleWorkplace news in brief

Swansea:

triangleSwansea Socialist Party: What's the electoral alternative to the usual suspects?

Reports and campaigns

Reports and campaigns

19/11/14

Lewisham

Building an anti-academies campaign

19/11/14

Manchester

Power station builders walk out over blacklisting

19/11/14

Low pay

We can defeat low pay and zero-hours!

19/11/14

Coventry

Students' victory in housing battle

19/11/14

Oxford

Teacher and health worker take fight to Oxford council

19/11/14

Harrogate

NHS is going to the dogs

19/11/14

Southampton

Bitterne walk-in's bitter win

19/11/14

Hackney

Raging tenants evict rich landlord

19/11/14

Wales

Unison Wales FE strike ballot

19/11/14

Young workers

Fighting for decent working conditions

19/11/14

Local government

Labour councils attack organised workers

19/11/14

HMRC

Leaked document reveals union busting plan

17/11/14

Lincoln

Lincoln protest against Sports Direct's 0-hour contracts

14/11/14

Local government

Local government unions accept shabby pay deal

14/11/14

Rail

Campaigning against rail cuts and profiteering

triangleMore Reports and campaigns articles...

triangle19 Nov Building an anti-academies campaign

Construction workers picket the Carrington power station site, November 2014, photo Joe McArdle

triangle19 Nov Power station builders walk out over blacklisting

Sick of Your Boss? Youth Fight for Jobs campaigning, photo Nancy Taaffe

triangle19 Nov We can defeat low pay and zero-hours!

triangle19 Nov Students' victory in housing battle

triangle19 Nov Solidarity vital to defend trade union rights

People's March for the NHS, London, September 2014, photo Bob Severn

triangle19 Nov Workers unite to defend the NHS

triangle14 Nov Local government unions accept shabby pay deal

More ...

triangle20 Nov Swansea Socialist Party: What's the electoral alternative to the usual suspects?

triangle20 Nov Lambeth Socialist Party: China today

triangle20 Nov Southwark Socialist Party: The role of a revolutionary party

triangle21 Nov London: Fast Food Rights campaign protest

More ...

Share on Facebook
Share on Twitter
Visit us on Youtube

Find us on Facebook

Archive

Categories

1-9 

1-9 


Archives:

November 2014

October 2014

September 2014

August 2014

July 2014

June 2014

May 2014

April 2014

March 2014

February 2014

January 2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2001

2000

1999

Legal

SP RSS feed RSS

Platform setting: = No platform choice