Unions urge Nestle to hold off DB closure plans until December valuation

Stephanie Baxter
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Two trade unions have called for Nestle to put on hold plans to close its career average defined benefit (DB) scheme until its actuarial valuation in December.

Union and GMB denounced the company's intention earlier this month, calling it a "betrayal" of staff that could mean 7,600 workers lose "thousands of pounds" in retirement income. Today the unio...

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