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By Adam Cadle

Workers at Ford UK have begun a 24-hour strike today in protest at the car manufacturer’s decision to close its final salary pension scheme to new members.

The strikes are being staged across the UK including sites at Dagenham, Bridgend, Southampton and Halewood.

Staff at Ford UK have expressed their dismay at the company’s decision to lower rates of pay for new employees which they argued will result in them being paid 10 per cent less than existing workers. In addition Unite argued that the policies for new workers and existing workers will result in a two-tier workforce.

Speaking in April, Unite national officer Roger Maddison stated that Unite members “fiercely oppose the closure of Ford’s final salary scheme to new entrants,” and that the decision was the “thin end of the wedge.”

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The Pensions Insurance Specialist

Other stories you may find of interest:

IBM set for clash with Unite over DB closure
A backlash is on the cards at software and services provider IBM over plans to close its final salary pension scheme to future accrual and to alter the terms of its early retirement scheme, warns Unite

Unite shouts about further pension slashes
The UK's biggest trade union, Unite, has said that the Royal Bank of Scotland's (RBS) defined benefit (DB) pension scheme changes are a "body blow" to the bank's 60,000-strong workforce

Unite promises fight over Unilever pension changes
Unite has announced plans to protest Unilever’s AGM in London tomorrow, over the company’s proposals to wind up its final salary pension scheme

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