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Taxpayer cost for Royal Mail pension soars 22% over 2016 – www.professionalpensions.com

www.professionalpensions.com Taxpayer cost for Royal Mail pension soars 22% over 2016www.professionalpensions.comRoyal Mail has proposed to members that it will replace the DB scheme with a 'cash balance' arrangement, whereby members would be guaranteed a lump sum on retirement, based on contributions of 19.6%, which could increase depending on investment … More: …

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