Company’s financial performance encouraging for Pension Fund Both the RB Pensioners’ Association Committee and the Fund’s Trustees have met since the last issue of Contact and, whilst guarded against complacency, both groups have agreed the outlook is encouraging following the 4.8% pension increase on April 1 and the plan announced in the Pension Update report to eliminate the deficit. The Trustees were given a continue and exploring how the good presentation on the financial work can be maintained. Tony Swell performance, position and prospects noted a visitor was required for Essex of the company with Richard Joyce, – contact Tony on 0118 969 1390, the RB financial reporting director, e-mail: patsytony.swell@googlemail.com advising that 2010 had been a good Freddie George and Kevin O’Berg year with high quality market-beating are due for re-election in 2012. growth and excellent free cash flow Nomination details will be in our next generation. issue. DIARY DATES HULL 11am at The Goodfellowship Cottingham Road on: Tuesday, June 14, 2011 Tuesday, October 4, 2011 Contact Phil Mayor Tel: 01482 862563 NORWICH at 10.30am at the White Horse Trowse on: Tuesday, July 12, 2011 Tuesday, October 11, 2011 Tuesday, January 10, 2012 Tuesday, April 10, 2012 Contact Ken Herbert 01379 852854 LEICESTER A new venue 11am at The Oadby Owl Glen Road Oadby Leicester Wednesday, October 5, 2011 DERBY at 11am at The Orangery Markeaton Park on: Tuesday, September 20, 2011 Contact Brian Bradley Tel: 01526 321575 for Leicester and Derby HIGH WYCOMBE Provisionally scheduled for 2.30pm at the Reggie Goves Centre Wednesday, September 14, 2011 Contact Paul Gilliam Tel: 01494 562843 Sticking with RPI Our Association Committee were reassured to hear that, based on the RB Scheme Trust deed, there would be no legal requirement to move from RPI (Retail Price Index) to CPI Consumer Price Index) linking. The 4.8% April increase was based on the December 2010 RPI and the Trustees have confimed they would not move from the RPI unless legally required. The committee had a full discussion on the pensioner visitor service, noting the recent increase in interest, agreeing it was worthwhile to The next committee meeting will be at Peterborough on September 21, 2011. Whilst as surprised as most of the company, and the City, at the retirement of RB CEO Bart Becht, our committee and the Trustees are reassured by the details they have been given that the high level performance can be maintained. Our many members with overseas experience will be pleased with the appointment of Rakesh Kapoor to succeed Bart Becht. Mr Kapoor joined the company in India 25 years ago. PREMIER SITE IN NORWICH Much rejoicing in Norwich at the Canaries ascent to the Premier League caused us to dive into the archives for this reminder of another historic event - the leasing of the ground next to the Carrow Road factory as recorded in the Carrow Works Magazine in October 1935. Another historic championship victory, above right, came in the Hull sites’ interdepartmental five-a-side football knockout cup, early/mid 70’s, and arises Page 2 iCONTACT June 2011 from a snap of our Committee secretary Trevor Clark at the last Hull get-together after we had been chasing him months for a picture. Of this one he says: “That’s me kneeling front left with hair(!!!) and Alan Black (my best man when I got married in 1973) back right (who worked in the labs initially, later moving to Market Research). I can’t recall the names of the other three (will anyone remember?) but most likely they all worked in the Pharma labs at KW.” previous page next page