- 2003 Water Service Group Conference
- 5 March 2003
- Carried as Amended
Against a background of the increased move within the water industry and other utilities away from final salary schemes to money purchase schemes this conference urges the Service Group Executive to work with the Energy Service Group Executive and the Transport Service Group Executive via the Business and Environment Working Group to mount a campaign in support of the continuation of final salary schemes.
It further urges the Service Group Executive to lobby OFWAT to give financial recognition to those companies who retain or re-introduce final salary schemes for the whole of their workforce.
The Service Group Executive is also urged to work with the APF and GPF in a campaign and lobby of the government to introduce tax changes which support final salary pension schemes.