Labour Court recommends pension contribution increases at L3 Communications/Essco Collins

The Labour Court recommended that L3 Communications/Essco Collins Limited increase its employer pension contribution to 6% when an employee contributes 4%, and to 7% when an employee contributes 5%. The recommendation was signed on 2 March 2009. Services Industrial Professional Technical Union sought further increases and a 2:1 employer-to-employee contribution ratio, saying the scheme lagged comparable arrangements. The company opposed further costs, citing a business downturn and global competition. Employer contributions had risen from 3% to 4% in 2006 and to 5% in 2007.