Home » Industrial relations » National industrial relations » Great Britain: a trade union is challenging Lloyds Blank over the female pensions gap Great Britain: a trade union is challenging Lloyds Blank over the female pensions gap British banking group Lloyds has to face a legal challenge at the employment tribunal over pensions that are said to discriminate against female staff in terms of the supplementary pension system called the guaranteed minimum pension (GMP). This landmark case could snowball into British companies having to pay millions to all adversely affected females. Through . Published on 29 August 2016 Ă 16h17 - Update on 31 August 2016 Ă 14h52 Resources For the Lloyds Trade Union (LTU), this case is a “£20 billion pensions discrimination time bomb”, which could end up sending shockwaves to other British businesses. Lloyds Bank is not the sole business to have opted for the GMP system, which was implemented in 1978 and operated until 1997.… Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageRGPD J’accepte la politique de confidentialitĂ©.EmailThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels
