Media
ITN strike called off
Published Thursday, Jan 11 2007, 12:38 GMT | By Joanne Oatts
ITN staff have decided to postpone a strike planned for January 16, following ITN bosses revisal of its pensions reforms plans.
The new deal means ITN will not raise its retirement age from 60 to 65, but settle at 63 years. Its annual pension increase will also be set at the rate of inflation, up to an increase of 5%, with staff paying 2% extra their contributions, raising them from 6% to 8%, to make up the shortfall.
The proposal has been well received by unions, with the strikes postponed until the unions ballot their members. A decision is expected at the end of January.
The new deal means ITN will not raise its retirement age from 60 to 65, but settle at 63 years. Its annual pension increase will also be set at the rate of inflation, up to an increase of 5%, with staff paying 2% extra their contributions, raising them from 6% to 8%, to make up the shortfall.
The proposal has been well received by unions, with the strikes postponed until the unions ballot their members. A decision is expected at the end of January.
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