Tube strikes threatened after TfL agrees review of 'generous' pension scheme

James Phillips
clock • 3 min read
Tube strikes threatened after TfL agrees review of 'generous' pension scheme

Transport for London (TfL) will carry out a review of its pension scheme and reform options with an “explicit aim” of moving the fund into a “financially sustainable position”.

As part of a £1bn funding deal agreed between the Department for Transport and TfL, announced today (1 June), Mayor of London Sadiq Khan has agreed to review what the government described as "TfL's...

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