Maersk offers Sea-Land MFR surplus to members

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UK - Shipping group Maersk has promised to give Sea-Land Service Pension Plan members any minimum funding requirement surplus that would otherwise be used for wind-up costs.

The move – which the company sees as a goodwill gesture to members who face having their pension entitlement cut by 60% – comes after trustees told Sea-Land members that the scheme was funded margi...

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