Union calls Post Office's plans to close DB a 'scandalous attack'

Michael Klimes
clock • 2 min read

The Communication Workers Union (CWU) has attacked plans from the Post Office to close its defined benefit (DB) scheme to future accrual on 31 August.

The plan, which involves launching a defined contribution (DC) scheme to where members will be transferred on 1 September, was revealed to employees on 2 February. Around half (3,200) of all e...

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Michael Klimes
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