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BT says it will pay �2bn into its pension fund to help cover the scheme's deficit.
It is one of the biggest one-off payments yet made by a company into a pension fund.
The payment is part of a nine year plan to bolster the scheme, which at the last valuation in June had a deficit of �4.1bn.
Supporting the pension fund has dragged down BT's performance. Back in 2008, the fund had a deficit of �9bn.
Under the latest plan, BT will make nine further annual payments of �325m.
BT's pension fund has 330,000 members, making it one of the biggest private sector schemes in the country.
"This agreement, under which the company makes an immediate contribution to the scheme of almost half of the deficit, reflects BT's financial strength and re-affirms our commitment to the scheme," said chief executive Ian Livingston.
BT, Royal Mail and Trinity Mirror - there is quite a lot going on in the fraught world of final salary pensions. �
"BT's long-term sustainable cash generation has improved significantly since the 2008 valuation and we remain focussed on improving BT's financial strength, investing in our future and enhancing shareholder returns."
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In the Orient young bulls are tested for the fight arena in a certain manner. Each is brought to the ring and allowed to attack a picador who pricks them with a lance. The bravery of each bull is then rated with care according to the number of times he demonstrates his willingness to charge in spite
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[] the net Xinmin Xinmin Evening News, more than 100 Henan Xinxiang city college student summer holidays Shanghai workers, but did take an oath devoutly intermediary unfulfilled promises, they will be put down in a strange place.
Yesterday, after the money, work without landing, intermediary and "hide feline cat" after the encounter, the students can alarm, and call our hotline 962288 about it.From Henan university students in Xinxiang minor official told reporters,, before the summer, intermediary in the school issued ad, claimed to be able to take the students to the well-known enterprises in Shanghai to work, as long as pay 200 yuan fee and examination fee, to sign a internship agreement on the line.
"The original intermediary guarantee that, if not will be a full refund, send us back."Late on June 25th, young officer and 100 college students on the bus bound for Shanghai, the very next day morning arrived.
In the evening, intermediary bringing them into Songjiang Dunzhen car to a small hotel, more than 100 people will the entire hotel was full of.On the morning of 27, the students learned that the original plant arrangements have been filled, the intermediary will give everybody change factory.
The students were divided into two group, a group in Songjiang, another group of people to the Jinshan area."I went to the Jinshan also be rather baffling stayed one night, now intermediary also did not give us any explanation.
"Yesterday, a minor official told reporters, the students come to Shanghai only to do so, the intermediary has not appeared, called in the past only "leadership in the meeting.".As we carry only hundreds of yuan of cash, will spend, everybody panicked.
"We are ready to return to Henan, but must find an intermediary to a view."At present, small, and others have alarm for help.Yesterday afternoon, a reporter from golden hill Police Department understands, the students received the alarm, they had rushed to the scene, and have linked vehicles,, will be the student back to Henan.
(Xinmin Evening News,ugg レインブーツ, new civilian network reporter Intern Wang Hequn left Yan),.BlkComment P a:link{text-decoration:none}.blkComment P a:hover{text-decoration:underline} welcome to comment I want to comment
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When the government is to recruit the best students ,have to spend a lot of money .The reporter understands ,the company will to the brother of the helping behavior of reward, this area construction not only solves the problem of the farmers live in the area,chat .Wandashan in the local milk collection for many years,Jiang Zemin , "turn the world upside down changes".This standard is the district unity .
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