ASW PENSION SCHEME VICTIMS LOOK TO EUROPEAN COURT OF JUSTICE TO END MISERY
Press Release from Community Union
1st June 2006
Venue: European Court of Justice, Thomas Moore Building, Boulevard Konrad Adenauer, L-2925 Luxembourg, 9.30am, Thursday 1st June
A delegation of former employees of the ASW Steel Company will be seeking to prove that successive UK Governments failed to implement a European Directive which would have protected their pension rights at the European Court of Justice (ECJ), in Luxembourg on Thursday 1st June
The delegation of ex-ASW employees – two from Cardiff and two from Sheerness – will be led by Michael Leahy, General Secretary of Community, their union.
Commenting in advance of the ECJ hearing, Mr Leahy said:
“Our members formerly employed by ASW have endured four years of misery and despair since they lost their jobs and pensions when ASW went bust in July 2002. Perhaps nothing could have been done to protect their jobs, but we believe that if successive UK governments had properly implemented the European Insolvency Directive – which should have been done by 1983 – their pensions would have been protected. They are now looking to the ECJ to end their ordeal and give them the security in retirement they saved for and were told was guaranteed.”
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