Prospect news stories
As part of the 2009 agreement reached between the unions and BT on the future of the BTPS, we agreed that individual members would have the flexibility to swap an element of their future pension increases for a higher initial pension – a Pension Increase Exchange or PIE.
Persistent work by a Prospect rep and a member has resulted in BT identifying and resolving a mistake it made in calculating pension contributions for 1,500 female staff.
Prospect has called for a study of the factors that might justify a separate state pension age for Scotland.
Prospect has reacted cautiously to the government's white paper on state pensions.
As a result of representations by Prospect, the consultation deadline has been extended by one week.
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