04 February 2010
Around 5,000 AA employees are to be balloted by the Independent
Democratic Union (IDU) on possible strike action. According to IDU,
Acromas, the company that owns the AA, is planning to implement
caps on two of the AA's pension schemes including a ceiling on
annual rises in pensionable salaries, raising employee
contributions and reducing the maximum annual rise in pensions paid
to 2.5% a year.
Acromas is attempting to reduce a £190m deficit. The final
salary scheme is already closed to new members.
