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Strike threat as firm slashes pensions.

WORKERS are threatening to strike after being told pensions could be cut by up to 35% at a Liverpool food processing plant.

The news was the second blow in weeks for employees at the Cargill food processing plant, in Bootle.

Last month, they were told up to 40 of the 140-strong workforce at the edible oils factory could be laid off by the US-owned giant.

Workers claimed they were reassured any workers made redundant at the Brocklebank dock site would be entitled to full pension rights.

But they yesterday said Cargill had gone back on its word and informed workers at the Regent Road plant they would lose up to 35% of the benefit if they were made redundant.

One man said they were now considering their first industrial action at the plant.

He said: "They told us last month that the pensions would be paid up to 60 years of age.

"Now they are saying that has changed and some people will lose up to 35% of their pension."

He said the workers to be made redundant would be told next Friday.

A Cargill spokesman confirmed the company's policy on "discretionary" early pension pay-outs had been revised in January.
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Publication:Daily Post (Liverpool, England)
Date:May 11, 2006
Words:200
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