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Siptu and Irish govt to seek strike negotiations?

There is a possibility that Siptu workers will go on strike over changes to their pension.

05 October 2011

The Irish government is preparing itself for the possibility of mass strike action from the Services, Industrial, Professional and Technical Union (Siptu).

Members of Siptu - which represents over 200,000 workers - are unhappy about proposed pension reforms.

Because of this, officials may look to use union bargaining in an effort to prevent protests from escalating.

Speaking at the biennial Siptu Conference, Patricia King, vice-president of the organisation, said: "[Workers] have lost enough of their retirement savings already and it is a matter for the employers and the pensions industry to meet this cost."

She added there is also a problem with the solvency of the country's defined benefit schemes, which could affect 550,000 people.

Ms King stated terms and conditions concerning pay are also unacceptable at the moment.

Jack O'Connor, general president of Siptu, has called on the government to make pension funds used for productive investment exempt from the private pension levy.

Posted by Ken Hayes

Source: Siptu press release, October 4th

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