Royal Mail 'on cusp of something special' with CDC plans

James Phillips
clock • 2 min read

The Communication Workers Union (CWU) and Royal Mail Group are very close to securing an agreement on a collective defined contribution (CDC) plan for all members.

The CWU was reporting on ongoing negotiations relating to the company's plans to shut the defined benefit (DB) Royal Mail Pension Plan (RMPP) to future accrual - as well as other issues such as pay...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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