BT will pay £1.5bn into DB scheme by April to tackle £7bn deficit

Stephanie Baxter
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BT will pay £1.5bn into its defined benefit (DB) pension scheme by April to tackle a £7bn deficit as part of an agreed recovery plan with the trustees.

The telecoms giant announced the results of its 2014 triennial funding valuation results today and laid out a 16-year recovery plan. Over the next three years BT will pay a total of £2bn into th...

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