IBOA in legal challenge to Ulster Bank

Issued on November 12, 2009 at 09:34 AM

Ulster Bank George's Quay
Ulster Bank George's Quay

IBOA is launching legal action against the Ulster Bank Group in both the Republic of Ireland and Northern Ireland to protect our members' existing pay, pensions and terms and conditions of employment.

In the Republic, the Union's legal action aims to ensure that our members' rightful entitlements to profit share, PEF, National Wage Agreements and overtime are honoured.

In Northern Ireland, the Union's legal action aims to ensure that our members' rightful entitlements to profit share and PEF are honoured.

In order to proceed with these legal actions, members must sign a consent form authorising the Union's solicitors in each jurisdiction to act for them on this matter. The legal challenge is another reason why members should refrain from signing the Bank's new contract. The real implications of the new contract are spelt out here.

For more information on this initiative, click here for the Republic of Ireland or click here for Northern Ireland.