http://libcom.org/tags/ibm The taxonomy view with a depth of 0. en http://libcom.org/news/pensions-relapse-companies-close-final-salary-schemes-04012006 <p>Chiefs at the Co-operative group have expressed surprise as unions have threatened strike action after they announced the closure of their scheme.</p> <p>The retail and banking group has said it will change the basis for payments on its pension scheme from 5th April to an average salary system rather than linking it to final-year pay.</p> <p><a href="http://libcom.org/news/pensions-relapse-companies-close-final-salary-schemes-04012006">read more</a></p> http://libcom.org/news/pensions-relapse-companies-close-final-salary-schemes-04012006#comments UK pensions Rentokil IBM Wed, 04 Jan 2006 14:17:10 +0000 Freedom 9574 at http://libcom.org