€3m scheme ends industrial unrest

A PENSION and sick pay deal covering 400 workers at Liebherr Container Cranes ended industrial unrest after management promised to inject €3 million into a company pension scheme.

The pension element of the deal provides for a phased €3m injection by the company into the pension fund and acceptance by the largest union in the plant, SIPTU, of a defined contribution scheme for new workers.

The company is also to put in place a bank guarantee worth €3m, according to Industrial Relations News (IRN) magazine.