Union leaders met Bank of China bosses last night to discuss the introduction of new bonus and pension schemes which will mean axing the 14th-month bonus for 15,000 employees. Federation of Trade Unions and Bank of China staff representatives met the bank's senior management. The federation said many employees had recently complained to them that they had never been consulted about the schemes. Spokesman Ip Wai-ming said: 'Some of them did not have a clue about what was going on and were only informed about the benefits of the new schemes. 'In fact, they had no idea what kind of serious consequences would await them if they do not accept.' It had been proposed that from next year the existing pension scheme be replaced by one allowing the bank to order employees of more than 30 years' standing to retire early. Also, the normal 14th- month payment would be abolished and a performance-linked bonus would take its place. The staff had been asked to accept the proposals by yesterday or have their contracts terminated. They would then be compensated according to labour laws. Mr Ip said that while the bank admitted it might not have had sufficient discussions with staff, it did not immediately reply to the federation's demands for a suspension of the deadline and re-opening of talks. 'They said they will reply in the next two days and, at this moment, it is difficult to say whether we have done enough,' he said. Meanwhile, a total of 502 aircraft workers have opted to quit as their employer's deadline to accept a new pay deal expired. Hong Kong Aircraft Engineering Co (Haeco) said 83 per cent of its 3,000 eligible staff have agreed to the new pay rules. Those who have rejected the proposal are due to leave the company tomorrow.