Home / Royal Mail / Royal Mail’s pension scheme under pressure as costs set to double – City A.M.

Royal Mail’s pension scheme under pressure as costs set to double – City A.M.

Royal Mail's pension scheme under pressure as costs set to double
City A.M.
Royal Mail's pension scheme is facing closure after it warned trade unions the plan will be "unaffordable" in as little as two years. Costs to maintain the fund are expected to balloon to over £900m by March of 2018, more than double the £400m currently.

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