Royal Mail workers given ultimatum on pension proposals

James Phillips
clock • 3 min read

Royal Mail has finalised its proposal for its future pension provision ahead of closing its defined benefit (DB) scheme to existing members next year.

The postal service is offering affected employees the choice between a DB "cash balance" arrangement and an improved defined contribution (DC) scheme. The cash balance proposal, which was first ...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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