UK - Telent - the former Marconi telecoms group owned by Pension Corporation - has agreed a 15-year funding plan with trustees in a bid to shore up its pension scheme.
In a statement, Telent said it would contribute a minimum of £4m (US$6.7m) a year into £2.5bn GEC 1972 (Pension) Plan and progressively pay £500m from the escrow account, established following the ...
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