Ayrshire woman takes on tech giants over pensions shortfall

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Ayrshire woman takes on tech giants over pensions shortfall
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Patricia Kennedy, from Coylton, has fought a long-standing battle with Hewlett Packard Enterprise in bid to force the company to bump up their pension contributions.

An Ayrshire woman is waging a campaign against tech giants Hewlett Packard over what she claims is a pensions ‘scandal’ that could potentially effect up to 1500 people across the region.

Patricia is a member of the HPPA who say they have faced ‘significant hardship’ over the last two decades due to changes in their pension plans.The group claim they possess massively-reduced pensions from their pre-1997 contributions, because current legislation only index-links contributions from 1997.The group also has the backing of some UK parliamentarians, who’ve raised an Early Day Motion, calling on HP - and others - to make good on the pension contributions, which are discretionary.

Her letter says: “Pensioners submitted a petition asking the company to collaborate, in good faith, with the HPE UK Pension Trustee Board and develop a strategy and policy for sustainable future cost of living increases. We have had no response. Pensioners have been driven to this because their situation is severe.

“HPE’s continued non-payment of discretionary increases places HPE in the bottom 14 per cent of British companies, With the increasing publicity and UK parliamentary activity, this will be increasingly noticed by HPE’s customers and investors. They also call on the Government to “put pressure” on the companies concerned to make good the indexation of former employees’ pensions for their pension contributions- prior to 1997.

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