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Pensions resolution has 'broader context'

Saturday, 25 February 2012 | 00:00
APM Terminals has told Port Strategy that the industrial action over the pensions gap issue taking place at the Port of Rotterdam this month has ended in resolution.
This follows resumed negotiations yesterday following ongoing strife at the terminal since the beginning of the month.
APMT spokesman, Cor Rading, said to PS yesterday that a final collective labour agreement had been reached between APMT and the union and that the union had agreed to cease all strike activity until next Tuesday 28 February.
The union will now be consulting members on the negotiation result with a view to signing the new agreement.
The real sticking point of the issue has been the union’s request to plug the gap between the new OAP age of 67 (coming into effect from 2025), and the present retirement age of 63 or 65 in the Netherlands.
A pension foundation will be set up at the Port of Rotterdam and APMT will be setting up a scheme similar to a contributory pension scheme in the UK - part funded by the employer, part by the employee – a so called “vitality agreement”.
“The pension issue is a broader context than just at the port, it is a national issue. This is an extensive agreement and we are pleased that it has been reached”, Mr Rading said to PS.
The action has not been good for business though - Maersk Line is still to make a decision on undoing the divertion of their ships to Antwerp during the action. This is expected to be announced in the next few days.
Source: Port Strategy
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