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10/06/2014
Deal Agreed In Visteon Pension Dispute
Former workers at the Visteon car parts factory have accepted a compensation deal, estimated to be worth £28m.
The workers pensions dropped in value after the company was placed in administration in 2009, putting more than 1,000 people out of work at factories across the UK.
It is understood that the deal was done following negotiations between the Unite union and car company Ford, who had previously owned Visteon.
Former Visteon workers in Northern Ireland staged a month long protest over the devalued pensions.
(MH)
The workers pensions dropped in value after the company was placed in administration in 2009, putting more than 1,000 people out of work at factories across the UK.
It is understood that the deal was done following negotiations between the Unite union and car company Ford, who had previously owned Visteon.
Former Visteon workers in Northern Ireland staged a month long protest over the devalued pensions.
(MH)
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