TfL Pension Fund - Independent Review

My Ref: MRP 2/1

15th July 2021

Circular Num: NP/253/21

TO ALL BRANCHES AND REPRESENTATIVES
ALL UNDERGROUND AND FORMER LT EMPLOYERS

Dear Colleagues,

TFL PENSION FUND – INDEPENDENT REVIEW

I refer to my previous Circular NP/046/21, 1st February 2021, I would advise that the RMT continues to put pressure on management to come clean about what they intend to do in relation to the TfL Pension Fund following recommendations of the Independent Review which were published in late 2020.

While we still await further meetings with management, we believe that it is important that members of the TfL Pension Fund understand what they could potentially lose if management were to get away with implementing any of the Independent Review recommendations. I have therefore included with this circular two leaflets which I would hope can be distributed across LUL so that our members can fully understand what is at risk and to also update them on recent developments.

You will note that the joint trade union leaflet has been supported by the PCS union who we thank for their support.

I will keep you advised of future developments.

Yours sincerely


Michael Lynch
General Secretary