TCH to honour pension scheme for rural papers

THE group managing director of Thomas Crosbie Holdings (TCH), Anthony Dinan, has said the group will honour the defined benefit pension plans of employees working in its regional publications.

TCH made its position known to workers three weeks ago and Mr Dinan said “as far as he was concerned the group had a moral obligation to honour the defined benefit pension plans of its workers”.

Outlining his position Mr Dinan said: “The company was not prepared to change the terms of the employment contract of the 17 employees who have defined benefit pension plans in its regional papers.”