Dunlop Out to End Final Salary Pension Scheme ; Manufacturing

Birmingham Post › May 12, 2009

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Summary

Tyremaker Goodyear Dunlop UK is to begin consultations on a plan to close its final salary pension scheme.

The Birmingham-based Anglo-American company would not say yesterday whether the scheme was in deficit or by how much, but it is believed to be the latest in a growing list of businesses that are finding the cost of supporting a pension scheme based on pay and length of service excessive.

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Dunlop Out to End Final Salary Pension Scheme ; Manufacturing

It said yesterday that it was starting talks with pension trustees, trade unions and employee representatives about the introduction of a n...

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