Aircraft firm to reveal pension details

THE 1,135 workers employees at aircraft maintenance firm SR Technics should find out in the next three days the extent of any shortfall in the company pension scheme.

SR Technics has given an undertaking to the worker unions to release details of the its pensions schemes on Friday after reports emerged it may be under-resourced and that the company would not plug any gaps.

The unions want an immediate meeting with the company because it believes redundancy entitlements for the staff will be significantly less than what they are entitled to.