AA staff balloted on strike action

Pension cutbacks at the AA have sparked a strike ballot at the company for the first time in more than 100 years.Staff at the “fourth emergency service”, as the AA used to be known, are angry because managers plan to cap annual rises in pensionable salaries, raise employee contributions and reduce the maximum annual rise in pensions paid to 2.5 per cent a year.
 

It’s untenable to have a normal retirement age in public-sector schemes that is significantly different from the state retirement age

Brian Bailey, Director of pensions, West Midlands Pension Fund and member of High Pay Commission