CWU Members Accept BT Pension Proposals

BT members have given their strong endorsement to the proposed Agreement on BT Pensions. 67% of members voted to accept, with 33% voting to reject the offer. The turnout of 40% is high in the context of a postal ballot.

Andy Kerr, Deputy General Secretary, said: "Maintaining the defined benefit pension and improving the defined contribution pensions in BT have been our key objectives in these negotiations. I am pleased that our members have backed the proposed Agreement by such a large margin."

Connect members have also voted to support the Agreement in an email ballot. Their turnout was 59%, with 85% voting to accept the Agreement and 15% voting to reject.

The CWU and Connect will now jointly sign the agreement on pensions with BT, the terms of which can still be read by following this link and logging in as a member: http://www.cwu.org.uk/bt-pension-review.html

Both unions will now be conducting detailed discussions with BT on the implementation of this complex agreement. The changes will apply from 1st April 2009.

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