BBC to review costly DB scheme commitment in court

Broadcaster seeks a review its high-cost legacy pension arrangement as costs spiral

Hope William-Smith
clock • 1 min read
BBC to review costly DB scheme commitment in court

The BBC will look to head to court to review its commitment to its defined benefit (DB) scheme, which is says have increased from 15% to an unmanageable 42% of pensionable salaries over the last decade.

It was reported today (12 May) by The Times that the BBC pays around £182m a year in staff pension contributions, £147m of which goes into its DB scheme which closed to new members in 2010. Less than...

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