Monday, February 01, 2010
Royal Mail-time to deliver
I recently received a pamphlet from the CWU about the issue of the pension fund deficit. Entitled "Time to deliver" it gives a detiled background to the issue and further copies can be o
obtained from firstname.lastname@example.org.
The pension fund has nearly half a million members and is currently in major deficit-in large part due to a 13 year pensions holiday taken by the employer. The deficit is £10 Billion and following the collapse of the plans to part privatise the post office the Government needs to tackle the issue-recognising its responsibility as the sole shareholder