US - Citigroup is set to freeze its cash balance plan in 2008 but will in turn "greatly enhance" its 401(k) offering.
Citigroup said it could increase company contribution to as much as 8% of annual pay for those employees earning less than US$100 000 - well above the current 3% contribution.
The US bank said it made the changes in a bit to place benefits on a par with those at rival companies.
Charles Prince, CEO of Citigroup, said: "We will invest significantly more in our employees under this improved approach to our retirement savings.''
Citigroup currently has around $10bn of pension assets.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers