KLM to utilise pension surplus

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Dutch airline, KLM, will be contributing less to the KLM pension fund for flight personnel, following an agreement with Dutch unions about surpluses and shortfalls.

Under the new accord, KLM will benefit from surpluses through discounts in the premiums contributed to the fund. This premium discount is expected to rise form about NLG60m to NLG100m over the next...

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