UK government rejects pension make-up for steelworkers
UK government rejects pension make-up for steelworkers Source bbc.com Written by Rhodri Lewis Political Correspondent for BBC Wales The UK government's inaction, according to a veteran steelworker, after 1,000 people lost their pensions more than 20 years ago is shameful. Employees at the Cardiff facility of Allied Steel and Wire (ASW) lost their pensions when the company failed in 2002. Advocates succeeded in regaining 90% of their pensions; nevertheless, this benefit does not rise annually. The minister for pensions claimed that determining what was owed would be extremely costly. John Benson, however, said that the Department of Work and Pensions (DWP) was "trying to just cheat us out of what we paid for". "The way they've handled us is a shame. They must acknowledge their obligations," he remarked. We own this money, regardless of the cost. We trusted the government, an