Benefit Review Committee Update October 12, 2012

Since the last Benefits update, the committee has met on three occasions to continue working on finalizing the opening proposals for benefits and pension. With the continued help of Hemant Berry, Assistant Director, Benefits Department for the IBT; and Pete Hardcastle, Pension Consultant from Cheiron, a recommendation will be given to the negotiating committee within the next few weeks, so they can be prepared and ready when the IBB process starts.

With many sub company differences to overcome, the committee is confident they will be giving the negotiating committee a strong starting point for these issues.