Published by Global Banking and Finance Review
Posted on October 24, 2025
1 min readLast updated: January 21, 2026
Published by Global Banking and Finance Review
Posted on October 24, 2025
1 min readLast updated: January 21, 2026
Lufthansa's pilot pension talks have stalled, with the union planning further actions. Vereinigung Cockpit will decide on next steps next week.
(Reuters) -Pension talks for Lufthansa pilots have so far failed to produce results and the union's collective bargaining commission will consider further steps next week, the pilot union Vereinigung Cockpit said in a statement on Friday.
(Writing by Matthias WilliamsEditing by Ludwig Burger)
A pension is a retirement plan that provides monthly income to individuals after they retire, typically funded by contributions from the employee and employer during their working years.
Collective bargaining is the process where employers and a group of employees negotiate terms of employment, including wages, working conditions, and benefits.
A collective bargaining commission is a group within a union that is responsible for negotiating labor contracts and representing the interests of its members during discussions with employers.
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