ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE

ANNOUNCEMENT : PLEASE BE AWARE WE ARE NOT ON FACEBOOK AT ALL!

Pension deficit

Royal Mail pension news and discussion.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
rmdriver
Posts: 139
Joined: 19 Jul 2009, 20:50
Gender: Male

Pension deficit

Post by rmdriver »

Royal Mail did not pay into the pension scheme for 13 years. Are they not legally obliged to fill the deficit???
belle smith
Posts: 1557
Joined: 26 Aug 2008, 17:41
Gender: Male
Location: scotland

Re: Pension deficit

Post by belle smith »

Yep, and (they/we) will go bust if they don't. Pension deficits have the same status in law has company creditors....it's not optinal if you pay you do or you go bust. They will pay it.