BREAKING NEWS: ALL PARTY PARLIAMENTARY GROUP NOW APPROVED AND REGISTERED - SEE LINK BELOW FOR DETAILS

Visteon Pension Action Group
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VPAG at Parliament

Early Day Motion

BREAKING NEWS......
VPAG WELCOMES THE HOUSE OF COMMONS APPROVAL TO THE ALL PARTY PARLIAMENTARY GROUP INVESTIGATING THE FAILURE OF THE VISTEON PENSION FUND.
VPAG THANKS ALL THOSE MPs WHO HAVE SIGNED UP AS GROUP MEMBERS.
THE CHAIRMAN WILL BE STEPHEN METCALFE WITH SIAN JAMES AS CO-CHAIR, AND GERAINT DAVIES AS TREASURER.
MORE NEWS AS IT BREAKS.....
Link to APPG Register

Weekly Update

A terrific attendance at the 3rd Anniversary rally and march in London on Wednesday. Almost 200 supporters from Swansea, Belfast, Enfield and Basildon met outside UNITE House to hear speeches of support from Len McCluskey (General Secretary of UNITE), Tony Woodley, Roger Maddison (Head of UNITE Automotive), as well as Bethan Jenkins of the Welsh Assembly before marching to the Houses of Parliament, stopping off at 10 Downing Street to deliver a letter to the Prime Minister. At Parliament the group were addressed by Stephen Metcalfe MP and Geraint Davies MP.    There was plenty of media interest with interviews given to local Essex and Swansea newspapers as well as The Independent and Pensions Weekly magazine also BBC Radio Wales and BBC Wales News. Hundreds of information sheets were also distributed to the public en route to Parliament.    Swansea held a very successful protest on Saturday 31st March at 10.00 am outside Days Ford dealership at Neath Abbey, this was to recognise the Visteon Plant closures, there were over 50 VPAG members attending.

Ford Continues to try and mislead MPs (read this)

Anniversary Demonstration
Video of the day
Pensioners Hand in Letter to Cameron
Teachers and VPAG Protest Together
Video of The Story So Far

Forthcoming Events
Every Thursday, Basildon 19.30
Every Sat Rayleigh Essex Ford 10-2
TBD, Enfield Railway 8pm
May 16, Wind Street Swansea 7.30pm
more details....

 

Legal Updates

Harding vs Ford
The writ for those pension plan members not supported by Unite was served on Ford Motor Company Ltd at Warley on March 27th.
Varney vs Ford
The date for the court case of Varney vs Ford will take place in April/May 2013 and is due to last between 7 and 10 days.
Recently the court accepted additional evidence showing that Ford knew Visteon UK was an unviable company from the start. This action will include all those claimants supported by Unite

Why Ford is Responsible
VPAG now have sufficient evidence to prove that Visteon UK was never a viable profitable organisation and employees were never told of the risks involved. Read the full revealing facts here
Read what Ford told its employees here



Our Cause Parliamentary Support

This site is for the 3000 ex employees of Visteon UK who still have funds in the Visteon UK Pension Fund. Whether your are a current pensioner, or you hold a deferred pension, we are fighting to ensure you get your full entitlement for the many years of hard and dedicated work at both Ford and Visteon as agreed in the European Works Council Agreement
Through this site we will update you regularly on the legal and moral evidence thats exists to support us win this fight. Many of us have well over 30 years loyal service with Ford Motor Company and have paid into the pension scheme, believing that as part of the "family" of Ford we could trust them to support us and our families throughout our retirement Sep 9, BBC news video clip
Around 1000 current pensioners have already had their pension reduced to PPF levels, which in some cases will mean a reduction in excess of 50% for the rest of their lives, despite assurances of mirrored terms and conditions and safeguards from Ford.

Stephen Metcalfe tackles Duncan-Smith
Angela Smith in parliament
Andy Love MP Blog
Bethan Jenkins raises Welsh Asy StatementLetter to Deputy First Minister
UK Gov Select Committe Briefing
Wales-On-Line
Bethan Jenkins Press Release
Peter Hain Press Release
Stephen Metcalfe Press Release
Have Your Say

Further to the previously featured "have your say" re the calculated losses on entering the PPF. I retired in 2001 in the top quarter of Grade 8. Bearing in mind that PPF max increase is 2.5% but only on contributions made since 1997. This equates to only 10% of my pension. To cut a long story short I calculate, based on Ford pension increases of 2.5% pa, that if I live to 90 I will be £350,000 out of pocket. I would be happy to share my calculations with anyone interested. (Dick Carey).

Following on from Dick Carey's calculations, and due to the post 1997 restriction, I have calculated that, in my case, the largest annual increase that could ever be applied across my whole pension is 0.35%.....this means that my pension will deteriorate in value by 40% in 20 years. Due to all this unnecessary stress imposed upon me by Ford, I will most probably not be around in 20 years time, but how will my wife manage financially when this is further reduced by 50% upon my demise?! I (We) are on the downward spiral into poverty! (Andy Belch)    

(e-mail your message to Have Your Say)

We already have over 1000 members on our regular mailing list, so please take the time to join us and send your contact details to trevorjonesok@hotmail.com