Bord na Móna tells workers it cannot pay their pensions!

[Coggeh]

From the Irish times :


STATE COMPANY Bord na Móna has told workers that it cannot pay a pension to which some of them have been contributing for decades.


The company told 240 workers who are members of its defined benefit pension scheme that its deficit has reached the point where it cannot meet its obligations to them.

http://www.irishtimes.com/newspaper/frontpage/2009/0402/1224243864338.html?via=mr

This is a f**king joke , surely they can't do this sh*t ? :mad::mad:

[cyu]

The company told 240 workers who are members of its defined benefit pension scheme that its deficit has reached the point where it cannot meet its obligations to them.
If they're not going to live up to their obligations to their workers, it logically follows that the workers should no longer live up to their obligations to the company or the government.

[Dóchas]

is that even legal? :confused:

[Coggeh]

is that even legal? :confused:
Its been happening to other workers across the country private & public workers . Prime time on rte @ 9 is doing a show about it . Its a f**king utter disgrace . Eamonn Ryan said they may be able to make a compromise of paying 37% of it . Thats an insult if anything . Their spending half a billion over the next two years on "green energy" but they can't pay their fucking workers pensions ?

Its sickening . And to answer your question , under EU law I don't think it is , but what bourgeois EU court is going to bring up the govt about this . As long as the deficit doesn't drop below EU levels they couldn't care less .

This is what the unions get for backing down from strike action.

The green party can never go back from this brutal attack on workers .



SCUM

[Dóchas]

Its been happening to other workers across the country private & public workers . Prime time on rte @ 9 is doing a show about it . Its a f**king utter disgrace . Eamonn Ryan said they may be able to make a compromise of paying 37% of it . Thats an insult if anything . Their spending half a billion over the next two years on "green energy" but they can't pay their fucking workers pensions ?

Its sickening . And to answer your question , under EU law I don't think it is , but what bourgeois EU court is going to bring up the govt about this . As long as the deficit doesn't drop below EU levels they couldn't care less .

This is what the unions get for backing down from strike action.

The green party can never go back from this brutal attack on workers .



SCUM

wtf is 37% goin to do for them!! thats just fucking sick, you would think that after working for them B na M would at least give thems ecurity for the future.

did B na M give any reasons for not being able to pay the pensions?

[Coggeh]

wtf is 37% goin to do for them!! thats just fucking sick, you would think that after working for them B na M would at least give thems ecurity for the future.

did B na M give any reasons for not being able to pay the pensions?
Theirs a deficit in the pension fund . Duhh you used the fucking funds to bailout the banks . This is a joke

[Coggeh]

Throw on rte there now , their talking about it .

[Dóchas]

Throw on rte there now , their talking about it .

ye im watchin it now they seem to be pretty laid back about it!!

[Coggeh]

ye im watchin it now they seem to be pretty laid back about it!!
I know , its scary . Their should be riots about this like ... wtf is going on

[Dóchas]

do you know if the workers have decided to take any action in response to this? you said it was happening to other workers in different places, where is this happening also?