ESB RSA

ESB has been a successful and profitable company over the last 10 years and more, with operating profits averaging 533 million per annum in that period. However, during this successful period ESB has consistently discriminated against you as pensioners, denying you a pension increase, pro-rata representation on the governing bodies of ESB Pension Scheme, and have ignored your right to representation in discussions that would affect your future financial security. You have been denied voting rights on issues affecting you as pensioners, and ESB has ignored the fact that pensioners represent 71% of the total Pension Scheme membership... ESB Defined Benefit Pension Scheme has some 12,000 members of who only 1 in 4 is an employee member. Currently ESB is engaged in a formal 21 day consultation process concerning revised rules to the scheme following their approval by ESB board. These rule changes are to comply with new IORP II requirements as per Irish regulations of last April. The..

Also known as: ESB

Primary location: Ireland