Royal Mail to close defined benefit pension scheme

LONDON (Reuters) – Royal Mail said on Thursday it would close its defined benefit pension scheme at end-March 2018 after a review found it would need to more than double annual contributions to over 1 billion pounds to keep the plan running.

from Reuters: Top News http://uk.reuters.com/article/uk-royal-mail-pensions-idUKKBN17F0M9?feedType=RSS&feedName=topNews

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