Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: http://www.socialistparty.org.uk/articles/8735

Posted on 22 January 2010 at 11:39 GMT

Visteon pensioners protest

Visteon pensioners protest in Wales outside the Welsh parliament, photo Socialist Party wales

Visteon pensioners protest in Wales outside the Welsh parliament, photo Socialist Party wales   (Click to enlarge)

About 300 Visteon pensioners from Swansea, Basildon & Enfield along with supporting trade unionists protested today outside the Welsh Assembly building in Cardiff. It was staged a day before a Unite delegation of pensioners and a national officer meet Ford executives in New York.

Socialist Party Wales

On March 31st last year (years after it was spun-off by Ford Motor Company), Visteon UK went into administration.

As a result, 600 workers were sacked on the spot with only statutory redundancy - about 9,000 maximum. However, an incredible campaign of occupations and 24/7 picketing forced Ford to intervene and far superior pay-outs were won. But as one battle ended another opened up because the pension scheme was in deficit and was put into assessment for the Pension Protection Fund (PPF).

Visteon pensioners protest in Wales outside the Welsh parliament, photo Socialist Party wales

Ross Saunders addresses the Visteon pensioners protest in Wales outside the Welsh parliament, photo Socialist Party wales   (Click to enlarge)

This would mean that for most pensioners, they would suffer a 10% reduction, some far higher. In addition, because the PPF is not guaranteed by the Government and is already 1 billion in deficit, they could suffer far greater losses in future.

Even though Swansea was bought by Linamar in 2008, all its pensioners' past pensionable service prior to the takeover were in the Visteon pension fund.

Visteon pensioners protest in Wales outside the Welsh parliament, photo Socialist Party wales

Visteon pensioners protest in Wales outside the Welsh parliament, photo Socialist Party wales   (Click to enlarge)

The pensioners have since got organised with fellow members in Belfast. This protest marks a new stage in the campaign. Welsh Assembly Members from Labour, Liberals and Plaid Cymru were present. Also, Swansea and Cardiff Trades Councils were there alongside Ross Saunders representing 'Youth Fight for Jobs'.

The real impact of going into the PPF has become painfully clear.

Pensions are being reduced, with the 'over-payment' since April having to be paid on top.

Ex-Swansea Plant health & safety steward Frank Connor told the press that he is losing a quarter of his pension at the moment - 200 per month.

Visteon pensioners protest in Wales outside the Welsh parliament, photo Socialist Party wales

Rob Williams addresses Visteon pensioners protest in Wales outside the Welsh parliament, photo Socialist Party wales   (Click to enlarge)

Rob Williams reinstated Convenor at the Linamar (ex-Visteon) Swansea Plant and SP member highlighted Ford's hypocrisy - "Ford created Visteon in 2000 and now say its got nothing to do with them.

"Why would we transfer our pension over unless they guaranteed our pensions.

Ford should pay up and give our pensioners the pension they were promised and deserve. Unite should start legal action immediately if Ford don't agree to pay up."


Pay up Ford Visteon pensioners leaflet PDF

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






Related links:

Visteon:

triangleFord workers vote for action

trianglePotential new steel bosses refuse to take on pensions

triangleWorkplace news in brief

triangleFinal meeting of Swansea Visteon pensioners

triangleWorkplace news in brief

Protest:

triangleWaltham Forest Universal Credit protest

triangleTyneside walk-in closures postponed after rally

triangleDemonstrations by uni students and staff greet Bath vice-chancellor resignation

triangleOsborne evades Carlisle socialists

Pensioners:

trianglePowerful picture of the Port Talbot steel workers' struggle

triangleYoung people being strangled by debts

triangleBT attack on pension benefits

Ford:

triangleVote for action to save Ford plant

triangleBridgend Ford overtime stoppage in sourcing dispute

Pension:

triangleBT pensions review - oppose the attacks on the pension schemes

Swansea:

triangleSocialist Students 'welcome' Hillary Clinton to Swansea

Linamar:

triangleFighting the anti-strike legislation

Rob Williams:

triangleMixed-fleet workers show strikes get results

Reports and campaigns

Reports and campaigns

7/12/17

RMT

Anti-DOO lobby of Liverpool's transport committee

7/12/17

Blacklisting

Unite protest against blacklisting

6/12/17

Donald Trump

Mobilise to stop bigoted billionaire Donald Trump's state visit to Britain

6/12/17

Transport

Arriva bus strikers stand firm

6/12/17

Pensions

BT pensions review - oppose the attacks on the pension schemes

6/12/17

PCS

Driving examiners walkout hits first day of new test

6/12/17

Newham

School staff strike against privatisation

6/12/17

Rail

Brutal rail privateer Abellio takes over Midlands rail services

6/12/17

PCS

PCS Left Unity celebrates 40th anniversary at annual conference

6/12/17

North Yorkshire

Court maintains injunction against fracking protesters

6/12/17

Waltham Forest

Waltham Forest Universal Credit protest

6/12/17

Coventry

Coventry Socialist sales hit 1,000

6/12/17

TUSC

TUSC conference to debate 2018 elections

6/12/17

Liverpool

Liverpool John Moores Uni landslide for Socialist Students

6/12/17

Kirklees

Plans to launch no-cuts campaign at Kirklees College

triangleMore Reports and campaigns articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party

triangle8 Dec Local government pay: fight for the full 5% claim

triangle6 Dec Strikers rally in Liverpool

triangle6 Dec Corbyn's Labour can defeat Tories with socialist programme

triangle5 Dec Victory at Glenfield shows people power can save our NHS

triangle5 Dec Labour council Blairites deselected

triangle30 Nov Victory: Glenfield Children's Heart Centre saved!

triangle30 Nov Dramatic retelling of Grunwick strike

More ...

triangle13 Dec Caerphilly Socialist Party: Are we heading for an era of war?

triangle14 Dec Wakefield Socialist Party: Universal Credit - the Tories' latest assault on the poor

triangle18 Dec Leeds Socialist Party: Religion and Socialism

triangle19 Dec Bristol North Socialist Party: Christmas social

More ...

Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

Archive

Archives:

December 2017

November 2017

October 2017

September 2017

August 2017

July 2017

June 2017

May 2017

April 2017

March 2017

February 2017

January 2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

Legal

SP RSS feed RSS

Platform setting: = No platform choice

V2