Royal Mail reports pension surplus after liability transfer – IPE.com (registration)

Royal Mail reports pension surplus after liability transfer
IPE.com (registration)
According to the company's 2012-13 annual results, it saw an IAS 19 deficit of £2.7bn transformed into a nearly £830m surplus after the government relieved it of its past pension liability stemming from the Royal Mail Pension Plan (RMPP). Article
Royal Mail reduces DB pension liabilitiesEmployee Benefits

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