November 02, 2006 13:23 ET

Pensions dispute at Cambridge University Press continues

LONDON, UNITED KINGDOM--(CCNMatthews - Oct. 19, 2006) - Amicus, the union for workers in print and publishing, has vowed to challenge planned changes in the pension scheme for their workers at Cambridge University Press (CUP).

Amicus members in CUP's Printing and Publishing operations are being affected and are facing a huge reduction in their pension benefits.

Ann Field, Amicus National Officer, commented:

"The print workers have been told that the final salary pension scheme, which is already closed to new staff, can no longer be sustained for anyone in Cambridge Printing. The management are trying to force people out of a very good occupational pension scheme under threat of job losses. Pension values are being cut by half, more in some cases.

"It's bad enough that there are already preferential pension conditions for senior management. If the management succeed with this, the Printing staff will have their pension prospects cut by half or more and be obliged to leave the final salary scheme under the threat of losing their jobs. Publishing staff will also effectively lose their final salary pension scheme, and their benefits will shrink significantly over time, with the youngest employees being the worst affected."

Ian Maidlow, Amicus Regional Officer, said:

"For our members in Publishing, CUP has refused even to consult with us, despite written assurances that they would, so we have had no choice but to refer the matter to the Pensions Regulator. Additionally, CUP has informed members that if they do not sign to accept these changes they will never again receive a salary increase. CUP appears to have replaced meaningful consultation with blackmail."

Contact Information

  • Amicus Press Office
    Ian Maidlow
    07768 931310
    Amicus Press Office
    Ashraf Choudhury
    020 7420 8914
    07980 224761