Uber To Roll Out Pension Plans For UK Drivers

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Uber has announced plans to roll out its pension plan to all eligible drivers in the UK.

The plan requires the company to pay 3% of a driver’s income into a pension plan, while drivers who have been granted employment rights under a Supreme Court ruling, will be allowed to contribute 5% of their qualified income.

Uber also said that the platform’s drivers will be automatically added to a pension scheme run by NOW: Pensions and managed by workplace solutions provider Adecco.

While GMB, a general union representing British workers in various sectors, represented Uber drivers during the negotiations, both GMB and Uber urged other ride-sharing services such as Ola, Bolt and Addison Lee to offer similar benefits to their delivers.

Jamie Heywood, Uber’s Northern and Eastern European regional manager, while encouraging others to join similar ventures, said: “I am extending an invitation to work with operators such as Bolt, Addison Lee, and Ola to create a cross-industry pension scheme. This will enable all drivers to save for their futures whilst working across multiple platforms.”

For more information, read the original story in Reuters.

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