As I (we) suspected, see all employee memo just out from Larry Hirst. Time for the trustees to defend members rights.
Proposed changes to pensions plans in the UK
I have invited all UK IBM managers to meetings in London and Manchester this week to discuss proposed changes to IBM UK pension plans.
Once these meetings have concluded, I intend to share details of the proposals with all UK employees. We will then continue to communicate regularly and comprehensively on this important matter over the coming days and weeks.
Many thanks for your understanding.
Larry Hirst
General Manager, UKISA IMT
and Country General Manager, IBM UK