Arriva benefit cap results in £47m fall in liabilities

Jonathan Stapleton
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UK - Arriva has seen its pension liabilities fall by £47m (US$70.7m) after capped future benefit accrual in one of its schemes.

In its preliminary results for the year ended December 31, 2009, Arriva chief executive David Martin (pictured) said the transport firm had reached agreement to cap future benefit accrual in the Ar...

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