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MYTH: The Post Office is required to fund pensions in advance in a manner applies to no other private-sector company. FACT : ALL companies are required to fund any pension promises they make to ...
The Post Office is calling for more federal cash and, again, blaming unreasonable retirement funding requirements. But the story's more complex than that.
WASHINGTON — The financially troubled Postal Service is suspending its contributions to its employees’ pension fund. The agency said Wednesday it is acting to conserve cash as it continues to ...
The Post Office card account is a service linked to the Department of Work and Pensions which allows a person to receive their State Pension, Universal Credit or other benefit payments.
A group of steelworkers who lost their pensions more than 20 years ago have compared their plight with the Post Office Horizon scandal. Allied Steel and Wire (ASW) plant staff in Cardiff lost ...
Post Office has agreed a £450m bulk annuity for its section of the Royal Mail Pension Plan, insuring all 5,700 members with Rothesay Life. UK employees at Honeywell are being balloted for industrial ...