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Royal Mail to close DB pension scheme – Citywire.co.uk

admin April 14, 2017 Royal Mail Leave a comment 185 Views


Citywire.co.uk

Royal Mail to close DB pension scheme
Citywire.co.uk
However, Royal Mail said the scheme's surplus will run out next year. As a result, the scheme will be closed to new accruals in March 2018. Royal Mail currently contributes £400 million a year to the DB scheme but this will have to increase to £1 …

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