Esb Clarifies That It Does Accept Proposal To Avert Strike

Esb clarifies that it does accept proposal to avert strike

The ESB group of unions is welcoming the clarification by the company that it accepts the Labour Relations Commission (LRC) settlement. Management had caused some confusion over the terms of the deal to address the pension scheme dispute and avert a strike. The ESB now says it accepts the agreement brokered by the LRC yesterday following weekend talks. The unions say the threat of industrial action at the power company will be removed by lunchtime today. Brendan Ogle is the secretary of the group of unions. He says the ESB statement helps to remove any uncertainty. "The document from the LRC is very, very clear and it has an ESB signature on it" he said. "In terms of the public and the staff and the ESB, I welcome it because it puts their minds at rest". "Clearly the scheme is back to the proper accounting basis as a defined benefit scheme, and the compnay's offending statements have been removed from the account - so in that sense it's welcome and we're glad to put this behind us" he added.