Visteon workers push for inquiry
Former workers from the Visteon car parts plant in Basildon are calling for a House of Commons investigation.
Eleven years ago they transferred from Ford to the car parts firm Visteon UK, which then went into administration.
Many of 170 workers based in Basildon lost almost half of their pensions.
The pension fund trustees have been meeting the local Conservative MP, South Basildon's Stephen Metcalfe, this afternoon, calling for a House of Commons inquiry into the affair.
One of them, Dennis Varney, a member of the Visteon pension action group, said: "An inquiry would be very beneficial in this circumstance to understand how the businesses deteriorated in respect of Ford and Visteon and why we were left with such a huge deficit, so 3,000 members of the pension plan either were left with a severely reduced pension or no pension at all going forward."
The former workers from the Basildon plant have. The struggle for pension payments goes on.
Welcome to the political blog for the East. I'm Deborah McGurran, the Ö÷²¥´óÐã's Political Editor for the region. From Lowestoft to Luton, this is the place for politics with an eastern twist.
Comments Post your comment