Workers 'willing to strike for pensions'

Four out of five financial workers are willing to take industrial action to protect their long-term pension security, a study…

Four out of five financial workers are willing to take industrial action to protect their long-term pension security, a study by the financial trade union Amicus has found.

More than three-quarters of employees are also concerned about potential changes to pension schemes.

The survey found that 75.9 per cent believe pensions should be an election issue and a subject for politicians to address as they prepare to canvass for votes next year.

Despite this, a fifth of those quizzed do not know if their pension scheme is defined benefit or defined contribution.

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More than half of those polled are also very worried about the pay rate against inflation.

Amicus, the trade union which represents 10,000 workers in the financial sector, surveyed 2,000 of its members online across Ireland.

"Pensions are recognised by many of our members as an important issue, so much so that they feel it should not be ignored on the campaign trail next year," said Jerry Shanahan, of Amicus.

"Even stronger is the message to employers that many would be prepared to undergo industrial action to protect their interests."