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Royal Mail’s union floats risk sharing scheme to save DB – www.professionalpensions.com

admin March 15, 2017 Royal Mail Leave a comment 100 Views


www.professionalpensions.com

Royal Mail's union floats risk sharing scheme to save DB
www.professionalpensions.com
The projected £1bn annual contributions from March 2018 equating to 50% of pensionable pay is more than double the current £400m or 17% of pensionable pay that Royal Mail currently pays. This is despite the scheme having a £1.8bn surplus on an IAS 19 …

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