Government-backed liabilities in the Royal Mail Statutory Pension Scheme (RMSPS) rocketed more than £8bn over the year to 31 March, according to Cabinet Office documents.
The total IAS 19 accounting deficit in the pre-privatisation defined benefit (DB) scheme hit £46.8bn at the end of March, up from £38.3bn. This pre-2012 segment is underpinned by the government, me...
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