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(18/03/05)Victory on Pensions as Two Jags backs down

The deputy prime minister John Prescott today agreed to revoke his controversial changes to the Local Government Pension Scheme.

Prescott backed down after intense pressure from a number of trade unions, including UNISON, which were threatening industrial action should negotiations fail to avert the proposed raising of the retirement and pension age.

He is now to introduce a new negotiating body to deal with the long-term future of the scheme.

Welcoming the news, UNISON general secretary Dave Prentis said the commitment to find a solution between the government and unions "shows social partnership at its best".

Full Story from National web site

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