Aston Martin employees in Milton Keynes could go on strike over pensions

    Employees have threatened the car manufacturer with strike action over changes to the company pension scheme.

    Union representatives claim that employees affected could lose around £100,000 in retirement income under the new proposed changes. Over 400 employees are set to be affected.

    Employees at Aston Martin’s head office in Gaydon near Coventry and staff at plants in Wellesbourne, Newport Pagnell and St Athan took part in the ballot.

    Results revealed that they want to hold a strike vote in the new year.

    This Friday, a consultation period between the car firm and affected staff is set to close.

    Unite the union has called for this period to be extended.

    Unite general secretary, Sharon Graham, explained that the union will back members if they decide to strike. She said: “There is no case to be made for closing the defined benefit pension schemes, a move that robs our members of tens of thousands of pounds, Aston Martin’s whole workforce is now aware of the gross inadequacy of the existing defined contribution scheme by comparison and this will be a significant factor when we put forward our claim in the 2022 pay review.”

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