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Posts Tagged ‘Shell Pensions’

Not Everyone Will Live to 110

There was more evidence of pensions in crisis last week, when U.K. telecom provider BT Group secured agreements with its trade unions on cutbacks to its £34.4 billion ($50.9 billion) plan. Other companies such as Royal Dutch Shell are making similar moves. Rising life expectancy is one of the factors they cite.

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Update to the article: Email from “A Very Concerned Deferred Shell Pensioner”

Shell has clarified their revised pension terms

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