Agreement reached over BAA pensions dispute

Strikes threatening BAA’s seven UK airports have been called off following an agreement between the unions and management, the Public and Commercial Services union (PCS) has announced.

The agreement, reached after eight hours of talks, provides for a period of meaningful consultation and negotiation in the coming months on the future of the company’s pension scheme. As a result the current final salary scheme will be reopened to new members of staff joining the business.

Negotiations officer Paul Smith said: “We are pleased that we have been able to reach an agreement that has satisfied everything we wanted to achieve. We are also pleased it has been achieved without the inevitable disruption that would have been caused by airport closures. We now have a serious piece of work to do with management to look at the future of the pension scheme, its health and its impact on the business.”

Mark Serwotka, PCS general secretary, said: “Our members’ dispute was never with the travelling public, so we are pleased to have reached an agreement which is a good outcome for BAA staff and shows that being prepared to back up negotiations with action brings results. There is much still to be done to safeguard BAA’s final salary scheme, and the unions will continue to put our case forcefully.”

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