Six-year Waterford Crystal pensions row resolved

Unite says agreement has been reached on all outstanding settlement issues regarding Waterford Crystal pensions.

The trade union said payment to members can now start in line with the agreement.

The row has been on-going for over six years, when the company went into receivership.

Unite Regional Secretary Jimmy Kelly said: “This agreement means that our legal team can now complete the plaintiffs’ process, and payment to our members can start in line with the settlement agreement.

“Since Unite’s last meeting with members in Waterford, a lot of time and effort has gone into ironing out these final details. While this involved some delay, we believe this will ultimately be to our members’ benefit and will ensure that they receive their full entitlements.

“As soon as we are in a position to advise on the timeline for members to receive their letters of offer and deed of release, we will send a newsletter to all Unite members outlining the final process”