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9 January, 2006
In the UK, GMB union members who are engineers and technicians at British Gas tentatively resolved their pension dispute after conducting one of five scheduled industrial actions. The 6,000 GMB members came to terms pending a vote with the Centrica-owned utility on 19 December.
The compromise agreement will allow 1,700 workers hired after 1 January 2003, to become part of the existing final salary pension scheme. The union resisted a money-purchase pension scheme for new hires, and opted instead for a career-average salary scheme for all new recruits hired after 31 March 2006. Contract information sessions with membership began last week, and voting results are expected on 23 January.