Plumbing scheme to close to accrual after 40 years
The trustees of the beleaguered industry-wide Plumbing and Mechanical Services (UK) Industry Pension Scheme have confirmed it will close to accrual in June.
After extensive consultation with employers and members, launched last July, the 35,000-member scheme will cease accruing benefits, over 40 years after it was set up. Without closure, total contributions...
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