Broadcast News

Bookmark and Share

Anger As BBC Executives Pensions Topped-up

The BBC's largest union has expressed concern after Press revelations that 50 senior managers, including the Director General, are receiving over a £1million a year in pension top-up payments. BECTU has accused the executives of double standards and greed.
Several Senior Executives reportedly receive substantial additional sums to compensate them for the cap on executive pensions introduced in 1989.
In the last financial year, Mark Thompson is reported to have received £163,000 whilst the Director of Vision, Jana Bennett, reportedly received £87,000. Newer board members such as Tim Davie, Director of Audio and Music and Lucy Adams, Director of Human Resources, also reportedly benefitted to the tune of £72,000 and £42,000 respectively.
Meanwhile, senior management are insisting that 19,000 staff should face a dramatic cut in their pension benefits. Management wants to introduce a 1% cap on increases to staff pensionable pay, a move which would cut both staff's accrued entitlements and damage prospects for new recruits wanting to make pension provision.
Gerry Morrissey, BECTU General Secretary, said: "Prior to this revelation the anger amongst staff was unprecedented; staff will now rightly accuse their senior managers of double standards."
"Behaviour like this is bringing the BBC into disrepute. Whilst many hard working BBC staff are being asked to accept a pay freeze and a cut in their pensions the culture of greed carries on at the top."
BECTU, along with the other BBC unions, will this week start the process for a strike ballot amongst its members. So damning are the pensions proposals facing staff, that the unions are confident of a big 'yes' vote.
Gerry Morrissey added: "My members will fight to save their pensions. Many of them will not receive in their whole retired life what some executives are receiving in slush fund payments."
The result of the strike ballots will be known on the 1st September; strike action could commence a week later. If staff back action, the unions will consider targeting such events as The Last Night of the Proms, the party conference season and sporting fixtures.
Solidmate Ltd Memory Card Hire London

Top Related Stories
Click here for the latest broadcast news stories.

Production News : BBC Announce Gay Britannia Season
The BBC has announced a season of programming marking the 50th anniversary of The Sexual Offences Act 1967. Led by programming on BBC Two and BBC Four
Production News : Doctor Who Returns To BBC One
Doctor Who is to return to television screens on Saturday, 15 April. For the tenth series of the sci-fi show, some of the filming took place in Bristo
Production News : BBC One Commissions Festive Animation
BBC One has revealed details of an animated special that will air on the channel this Christmas. The Highway Rat is based on the 2011 book by Julia Do
Production News : BBC Two Announce Star-Studded King Lear Cast
It has been announced that Anthony Hopkins and Emma Thompson are to lead a star-studded cast in a BBC Two adaptation of William Shakespeare's famous w
Production News : Filming Begins On Russell T Davies Drama For BBC One
Filming on Russell T Davies' major three-part drama for BBC One A Very English Scandal has begun. Hugh Grant as Jeremy Thorpe and Ben Whishaw as Norma
Production News : BBC Announces Anthony Joshua Documentary
The BBC has announced an exclusive documentary into one of Britain's major sporting superstars in the final days before one of the biggest fights in r
Production News : BBC Confirms Natural History Commissions
A total of five new Natural History commissions are to be made for BBC One and BBC Two it has been announced. The five programmes are Big Cats (w/t),
BBC To Live Stream From Edinburgh Festivals
The BBC has announced that it is to live stream performances from the Edinburgh Festivals in the latest experiment from its Research & Development tea
Production News : BBC Announces New Religion And Ethics Commissions
The BBC has announced new religion and ethics programming for 2017 across BBC One and Two. On BBC One, Earth's Sacred Wonders (3x60), explores how fai
Production News : Filming Begins On New S4C And BBC Wales Crime Series
Filming has started on a new eight-part crime series, 'Hidden/Craith', in Snowdonia, North Wales. The show will premiere in the Welsh language on S4C
Production News : New BBC Commissioning Editor Announced
Jo Street has been appointed the BBC's new Commissioning Editor for Entertainment and Daytime, Kate Phillips, Controller, Entertainment Commissioning,
Production News : BBC Four Announced New Season Of Themed Programmes
BBC Four has announced a new season of programmes celebrating and exploring the ideas, inspirations and visionaries behind the concept of utopia: a pl
Production News : Vic And Bob Return For BBC Special
It has been confirmed that Vic Reeves and Bob Mortimer are to bring their stage show to BBC Two. 'Vic & Bob's Big Night Out' is a re-imagining of the
Production News : BBC Announces Cast For Queers
BBC Four has announced its "stellar" cast of Queers, including Ben Whishaw, Alan Cumming, Rebecca Front, Russell Tovey, Gemma Whelan, Ian Gelder, Kadi
Production News : BBC Three Commissions 'The Young Offenders'
BBC Three has given the go-ahead to a new series of Irish comedy The Young Offenders. In association with RTÉ, BBC Three and BBC Comedy have commissio