Waterford workers waiting five years for payouts

Almost a year after the European Court of Justice ruled in their favour and five years after they lost their jobs, former workers at Waterford Crystal have still not received tens of thousands of euro in pension entitlements to which the court said they were entitled.

In 2009, both Waterford Crystal and its pension fund became insolvent, with workers being told at the time that they would receive only between 18% and 28% of their full pension entitlements.

However, their British counterparts in Wedgewood had their entitlements secured by Britain’s pension protection fund and received 90% of owed sums.