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19/11/2013
ESB Workers Vote In Favour Of Industrial Action
ESB bank workers have voted in favour of taking industrial action in a dispute over a deficit in the company's pension scheme.
During the summer the company paid a dividend of €78 million to the State, despite the company's pension deficit of €1.6 billion remaining.
It is understood that the company will also pay the Exchequer a special dividend of €400 million following the sale of assets.
Of those balloted over industrial action, 87.5% voted in favour. The ballot received a turnout of 81%.
Four employees have also taken legal action against the company over the issue.
The ESB said that unions have been invited to talks but have yet to formally respond.
(MH/CD)
During the summer the company paid a dividend of €78 million to the State, despite the company's pension deficit of €1.6 billion remaining.
It is understood that the company will also pay the Exchequer a special dividend of €400 million following the sale of assets.
Of those balloted over industrial action, 87.5% voted in favour. The ballot received a turnout of 81%.
Four employees have also taken legal action against the company over the issue.
The ESB said that unions have been invited to talks but have yet to formally respond.
(MH/CD)
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