(Not sure if this is the right forum to be posting this..)
The company i work for announced to all the staff that as part of a further cost savings plan that it was stopping its contributions to employees pensions. Previously when they announced a pay cut they had to get each person to sign an agreement to the pay reduction before they could implement the cut for that employee (which i believe is the law?). For the pension contribution cut they didnt do this, they just implemented it after announcing it. The pension contribution is written into the employee's contract as part of the remuneration package. Was it legal or should they also have had to get employee signatures?
The company i work for announced to all the staff that as part of a further cost savings plan that it was stopping its contributions to employees pensions. Previously when they announced a pay cut they had to get each person to sign an agreement to the pay reduction before they could implement the cut for that employee (which i believe is the law?). For the pension contribution cut they didnt do this, they just implemented it after announcing it. The pension contribution is written into the employee's contract as part of the remuneration package. Was it legal or should they also have had to get employee signatures?