Whether you have credit card debts or an overdraft or a stack of store credit, you can get back in the black for very little cost.
Pension changes win vote of unions
Unison's Heather Wakefield said pension contributions were now on a fairer 'progressive' basis
Local authority workers and other public sector staff in two of the country's biggest unions have voted massively to accept changes to their pensions.
Members of Unison and Unite backed the reforms by around 9-1, ending their long-running row over the Government's controversial reforms.
Other public sector employees remain in dispute, including teachers and civil servants, and there could be further industrial action later in the year following last November's massive one-day strike.
Unison said its members in England and Wales voted by 90.2% in favour of accepting the proposed changes to the Local Government Pension Scheme (LGPS), which covers workers in councils, police and probation, schools, colleges, universities, water, transport and environmental services, private companies and the voluntary sector.
The union's head of local government, Heather Wakefield, said: "These were tough negotiations, but with a focus on the majority of members who earn less than £21,000 a year, we have ensured that current LGPS members can afford to remain in the scheme and those who could not afford to do so to date can now join via a low cost option.
"This is vital for many of our members who have suffered a decline in earnings as a result of the coalition's pay freeze policies.
"Contributions are now on a fairer 'progressive' basis. We will continue to campaign with all of the union, through the TUC, against the proposals to increase the state retirement age."
Unite said 84% of its members who voted in a ballot accepted the proposals.
National officer Peter Allenson said: "This is a positive step forward following the November strike and some genuine negotiations with local government employers which have also been signed off by the Government.
"Our members took strike action and as a result they got a better deal. However, the strike action was followed by constructive negotiations which we are pleased ended in an agreement which was acceptable to our members."
related stories on msn
latest money videos
While Royal Mail showed an increase in yearly profits Marks and Spencer saw profits fall agaisnt last year's figures.
Date 21/05/13, Duration 1:51, Views 524
more on msn money
msn money poll
Would you like to receive offers from retailers – such as discount vouchers or sale previews - from your current account provider?
Thanks for being one of the first people to vote. Results will be available soon. Check for results
- 100 %Yes - I'd like to receive any offers that could save me money
- Yes - but only if they were tailored specifically to my spending habits
- No - I already know where to look for vouchers and discounts
- No - I don't want to be contacted by my bank about anything other than my account