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March for your missing pension
The campaign for justice for more than 100,000 people abandoned by the government following the collapse of company pension schemes descended on Whitehall on Sunday. The Pensions Action Group staged a protest march to highlight the plight of those who lost most, and in some cases all, their occupational pensions when their schemes were wound up.
It speaks on behalf of an estimated 125,000 people from nearly 400 schemes, who were told by government that their promised occupational pensions were safe, guaranteed and protected by law. Its aim is to ensure every affected person has full restoration of their pension entitlement.
Andrew Parr, of the Pensions Action Group, said Sunday's protest underlined the fact that the loss of hard-earned pensions can mean great hardship and heartache for whole families.
He said: "We wanted to show that all generations are likely to suffer as a result of this. For example, grandchildren will end up going without presents on their birthdays and at Christmas."
Peter Humphrey, another leading campaigner, added: "We specifically invited children and grandchildren to emphasise the problems these families are facing. Elder children are having to cope with watching their retired parents struggling to make ends meet, while grandchildren are wondering why one set of grandparents can give them less than the other."
Mr Parr said the group had further protests in the pipeline and is also planning to lobby MPs.
"We are pleased to see the campaign gathering momentum, thanks a great deal to Saga giving it publicity," he explained. "The result of the European Court ruling is imminent, and the judicial review is expected in February. I would imagine at that time we will protest at the Royal Courts of Justice in London. Thank you again for all the support Saga readers are giving us."
Make sure your voice is heard. Please visit and sign the Saga petition now
Further information: Pensions Action Group email: pensionsgroup@yahoo.co.uk
This article was created: 31 October 2006.
This article was last edited: 13 November 2006.
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