US - Food giant Kraft has announced it will freeze its US pension plans for current salaried and non-union hourly employees from December 31, 2019, according to Securities and Exchange Commission filings.
The company said the move will allow them to save US$40m in annual pension costs. It added it plans to contribute $40m to its US plans and approximately $200m to its non-US plans in 2010. Howeve...
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