Statoil pension cuts ‘a slap in the face’, says union leader
As Statoil top executives’ pensions are to remain at present levels.
As Statoil top executives’ pensions are to remain at present levels, an Industri Energi shop steward at Statoil says he is gob-smacked following news the company is to cut workers’ pensions by up to 150,000 kroner each.
Unions were warned of Statoil’s plans to review its pension arrangements just after Christmas last year but the scheme is now to be slashed this coming Monday, without any possibility for discussion.
"A slap in the face"
Industri Energy union leader Per Steinar Stamnes tells Aftenbladet, “We notified Statoil that the entire pension scheme had to be addressed before a decision could be reached. Nevertheless, suddenly they don’t have time to do this anymore.”
“We haven’t seen the company’s figures for offshore Norwegian Continental Shelf personnel, but our own calculations show much the same result, if not even worse. It’s a slap in the face.”
Engaged in a legal review
Jannik Lindbæk jr., the company’s head of media relations, says to Aftenbladet the matter is about following the government’s aim of people working longer, and that “of course” Statoil is interested in the same.
Industri Energi now warns of trouble if Statoil executives continue with their plans, however.
“We’re currently engaged in a legal review of this, and are trying everything we can to stop the pensions changes,” he declares.
Arrangers are in dialogue with police less than a month before the event starts in Stavanger.
Statoil returned Q2 2014 results that were well under expectations, Friday, especially regarding the NCS. At the same time, two Statoil senior executives sold almost 2,000 shares in the company.