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Rüsselsheim (dpa) - At the car manufacturer Opel, the dispute about planned cuts in company pensions continues to smolder.

"We would like to make adjustments in order to make the company pension scheme sustainable and competitive again," said an Opel spokesman in Rüsselsheim on Friday.

"This also includes a future-oriented cost structure in this area."

Specifically, the future supply should be based “on joint contributions from Opel and its employees”.

The subject is still being negotiated, no final decision has yet been made.

Opel informed the workforce last summer that the company wanted to fundamentally reorganize its company pension scheme.

The system, which is 100 percent borne by the car manufacturer and which has been “settled well above the market standard for many decades,” was “an important cost factor,” it said at the time.

About 15,000 Opel employees in Germany would be affected by the cuts.

However, claims that have already been acquired should remain unaffected.

The works council has now warned the workforce of cuts, as the "Handelsblatt" reported on Friday.

According to this, Opel wants to achieve considerable savings in company pension schemes.

Specifically, according to the works council, the concept of external consultants stipulates that in future the Opel pension should be financed “largely” by the employees themselves through their salaries.

In addition, there should be «no more lifelong company pension» and no guaranteed interest rate of five percent.

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© dpa-infocom, dpa: 210212-99-414977 / 2

Opel press