TPR reveals how legal action secured £37m funding settlement for DLR scheme

Warning notice and court case force agreement

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The Pensions Regulator (TPR) has published details of the how trustees of the Docklands Light Railway (DLR) scheme took their case to the courts to secure a £37m recovery plan.

The scheme's trustees and sponsoring employer Serco had been at loggerheads over its 2009 triennial valuation, and failed to agree a recovery plan to close its deficit. In a report published tod...

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