Pirelli and PIC agree three buy-ins worth £100m
All past and current members of three Pirelli defined benefit (DB) schemes have had their benefits insured through buy-ins worth £100m with Pension Insurance Corporation (PIC).
Members in the Pirelli General Executive Pension and Life Assurance Fund, the Pirelli Tyres Limited Executive Retirement Benefits Scheme, and the Pirelli General Overseas Retirement Benefits Scheme are...
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