Visteon Pensioners
EDM number 256 in 2009-10, proposed by Sian C James on 26/11/2009.
Categorised under the topics of Manufacturing industries and Pensions.
That this House congratulates the former Visteon employees in their successful campaign with support from hon. Members and Unite the union for their right to redundancy pay, after Visteon closed their UK factories; notes that the company pension scheme is now being investigated by the Pensions Regulator and despite support from the Pension Protection Fund some former Visteon employees are facing cuts in their pensions by more than 40 per cent.; further notes with great concern that these employees are former Ford employees who were guaranteed Ford terms and conditions, including pensions, for life before they were transferred to Visteon; and calls on Ford and Visteon to ensure that this commitment is honoured.
This motion has been signed by a total of 70 MPs, 2 of these signatures have been withdrawn.
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