Switzerland. P&G was sued by 400 former employees from the Geneva headquarters for not having paid the pension benefits promised in connection with the transfer of these employees to the Coty group.In Geneva, Procter & Gamble sued by former employees 400 former employees accuse the American giant of not having paid the pension benefits promised during their transfer in the group Coty Share Tweet Share Gathered in the Pro-Fair association, 400 former employees of the Geneva headquarters of Procter & Gamble (P & G) are suing the American consumer goods giant. Their defender accuses him of not having paid the pension benefits promised in connection with the transfer of these employees to the Coty group. Judging the "very astonishing case" in an interview published in Le Matin Dimanche, Pro-Fair's lawyer, Jacques-André Schneider, a recognized specialist in the field of occupational pensions, notably attacked P & G before the Cantonal Supervisory Authority for Foundations. and provident institutions. He contests the partial liquidation of the US giant's pension fund. "While employees must receive 70% of the insured salary for the last three years of their career, they now find that they will never receive this benefit," explains the former vice-chairman of the Federal Appeals Commission. Provident. P & G "promises the moon without funding it". Mr. Schneider believes that P & G has done everything to make "incredibly low contributions to his pension fund". For the promised benefit plan, the contribution rate should have been between 21% and 23%. "Here, the company pays only 10%."http://hogar.intelect.com.mx/notes/switzerland-p-g-is-sued-by-400-former-employees-of-the-geneva-headquarters-of-not-having-paid-the-pension-benefits-promised-in-connection-with-the-transfer-of-these-employees-to-the-coty-grouphttp://hogar.intelect.com.mx/@@site-logo/logoAllen.png
Switzerland. P&G was sued by 400 former employees from the Geneva headquarters for not having paid the pension benefits promised in connection with the transfer of these employees to the Coty group.
In Geneva, Procter & Gamble sued by former employees 400 former employees accuse the American giant of not having paid the pension benefits promised during their transfer in the group Coty Share Tweet Share Gathered in the Pro-Fair association, 400 former employees of the Geneva headquarters of Procter & Gamble (P & G) are suing the American consumer goods giant. Their defender accuses him of not having paid the pension benefits promised in connection with the transfer of these employees to the Coty group. Judging the "very astonishing case" in an interview published in Le Matin Dimanche, Pro-Fair's lawyer, Jacques-André Schneider, a recognized specialist in the field of occupational pensions, notably attacked P & G before the Cantonal Supervisory Authority for Foundations. and provident institutions. He contests the partial liquidation of the US giant's pension fund. "While employees must receive 70% of the insured salary for the last three years of their career, they now find that they will never receive this benefit," explains the former vice-chairman of the Federal Appeals Commission. Provident. P & G "promises the moon without funding it". Mr. Schneider believes that P & G has done everything to make "incredibly low contributions to his pension fund". For the promised benefit plan, the contribution rate should have been between 21% and 23%. "Here, the company pays only 10%."
In Geneva, Procter & Gamble sued by former employees
400 former employees accuse the American giant of not having paid the pension benefits promised during their transfer in the group Coty
Share Tweet Share Gathered in the Pro-Fair association, 400 former employees of the Geneva headquarters of Procter & Gamble (P & G) are suing the American consumer goods giant. Their defender accuses him of not having paid the pension benefits promised in connection with the transfer of these employees to the Coty group.
Judging the "very astonishing case" in an interview published in Le Matin Dimanche, Pro-Fair's lawyer, Jacques-André Schneider, a recognized specialist in the field of occupational pensions, notably attacked P & G before the Cantonal Supervisory Authority for Foundations. and provident institutions. He contests the partial liquidation of the US giant's pension fund.
"While employees must receive 70% of the insured salary for the last three years of their career, they now find that they will never receive this benefit," explains the former vice-chairman of the Federal Appeals Commission. Provident. P & G "promises the moon without funding it".
Mr. Schneider believes that P & G has done everything to make "incredibly low contributions to his pension fund". For the promised benefit plan, the contribution rate should have been between 21% and 23%. "Here, the company pays only 10%."
